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McCain, Obama Go to War on Taxes

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The presumptive GOP nominee delivers an address to the National Small Business Summit in Washington, D.C., says:

"Under Senator Obama's tax plan, Americans of every background would see their taxes rise..." Read full remarks here.

Plus: Obama says in interview with CNBC that some of his tax proposals do require an increase, but also says “I love the market.” Read transcript here. McCain camp responds to interview here.

More: On morning Obama media call Economic Policy Director Jason Furman pushes back on criticism, says McCain seems to have "barely responded" to economic problems. Adds Obama's economic agenda is more about tax cuts for the middle class than hikes.

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