Plumbing The Debate Facts

In the final 2008 Presidential debate, John McCain said "Joe the plumber" faced "much higher taxes" under Obama's tax plan and would pay a fine under Obama's health care plan if he failed to provide coverage for his workers. But Ohio plumber Joe Wurzelbacher would pay higher taxes only if the business he says he wants to buy puts his income over $200,000 a year, and his small business would be exempt from Obama's requirement to provide coverage for workers.

Update Oct. 16: ABC News reported the morning after the debate that Wurzelbacher admitted to a reporter that he won't actually make enough from his new plumbing business to pay Obama's higher tax rates. ABC said his admission "would seem to indicate that he would be eligible for an Obama tax cut."

More @ Newsweek.

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