Martin Feldstein is a professor of economics at Harvard University. John B. Taylor is a professor of economics at Stanford University. Both men are economic advisers to Sen. John McCain.

Writing in The Wall Street Journal, the economics professors say McCain's tax plan would "create jobs, increase wages and allow all Americans -- especially those in the hard-pressed middle class -- to keep more of what they earn. His plan achieves these goals in three important ways."

Feldstein and Taylor are also skeptical of Sen. Barack Obama's economic claims.

From their column:

Mr. Obama's claim to being a big tax cutter defies credibility. His assertion that he would cut taxes on 95% of families reflects his one-time $1,000 rebate payouts, and a variety of new government spending handed out through the tax system.

Mr. McCain, on the other hand, has been clear that he wants to preserve the favorable incentive effects of the existing low tax rates -- and to reduce taxes in other ways that will strengthen the economy, create jobs and help current taxpayers, including those without health insurance.

Read the full column at the newspaper's Web site.