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Obama vs. McCain - Tax Plans

 
 
cjhsa
 
Reply Thu 7 Aug, 2008 07:44 am
Obama and McCain Tax Proposals
According to a new analysis by the Tax Policy Center, a joint project of the Urban Institute and the Brookings Institution, Democrat Barack Obama and Republican John McCain are both proposing tax plans that would result in cuts for most American families. Obama's plan gives the biggest cuts to those who make the least, while McCain would give the largest cuts to the very wealthy. For the approximately 147,000 families that make up the top 0.1 percent of the income scale, the difference between the two plans is stark. While McCain offers a $269,364 tax cut, Obama would raise their taxes, on average, by $701,885 - a difference of nearly $1 million.

http://www.washingtonpost.com/wp-dyn/content/story/2008/06/09/ST2008060900950.html

What they don't tell you is that those upper bracket taxpayers are already paying the lion's share of taxes.
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Type: Discussion • Score: 0 • Views: 529 • Replies: 3
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ebrown p
 
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Reply Thu 7 Aug, 2008 07:51 am
Yeah. The less fortunate get all the breaks.
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cjhsa
 
  0  
Reply Thu 7 Aug, 2008 07:53 am
Actually they do.
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H2O MAN
 
  0  
Reply Thu 7 Aug, 2008 08:07 am
ebrown_p wrote:
Yeah. The less fortunate get all the breaks.


Who are "The less Fortunate" and why are they labeled this way?
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