As you can see, 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.
Tuesday, September 02, 2008
How Much of a Tax Cut/Raise am I Getting?
As you may know, both Presidential candidates are proposing tax cuts that, in one way or another, result in cuts for most American families. Below, please find a chart that shows how much each average income bracket would be affected by both presidents tax proposals.
Blog Archive
-
▼
2008
(410)
-
▼
September
(54)
- The Four R’s – The Reasons We Pay Taxes
- House Votes Down Bail-Out Package
- Property Taxes: High in Blue States, Low in Red St...
- McCain Questions Obama's Tax Votes
- Tax Related Inaccuracies Of The First Debate
- The Latest from the Candidates on 10 Important Eco...
- Obama to Drop Biden?
- Policymakers: Congress Must Move Quickly to Avert ...
- 60 Minutes Gives Biased Coverage
- CA Legislature Approves New Compromise Budget
- U.S. Insurers Urge Swift Adoption of Legislation t...
- Latest Good Reads
- Biden Links Tax on Wealthy to Patriotism
- Another Misleading McCain Ad
- CA Budget Deal Secured, Say Legislators
- Tax Credit to Aid First-Time Homebuyers
- Biden and Palin – Comparing and Contrasting their ...
- Stocks Sink After Government Bailout of AIG
- Details on Biden’s Tax Returns
- Latest Good Reads
- McCain Embraces Regulation After Many Years of Opp...
- Bush Acknowledges Financial Pain
- Details of Lehman Brothers's Employees Political D...
- Greenspan: No McCain tax cuts without reduction
- An Updated Analysis of the 2008 Presidential Candi...
- How to Avoid Common Errors that Delay Stimulus Pay...
- Some Facts on McCain's Health Care Tax Credit
- Palin Billed Taxpayers for Nights Spent at Home
- Dividend Tax Abuse: How Offshore Entities Dodge Ta...
- Latest Good Reads
- Tax Court Refuses to Follow 9th Circuit
- Money for Breakfast
- Palin Makes Her First Gaffe
- Obama Admits Tax Hikes Could Harm Economic Growth
- Separating Palin Fact from Palin Fiction
- Gov. Sarah Palin: a Deeper Look at her Tax Views
- U.S. Workers are Worse Off
- On Dividend Taxes, It’s a Post-Partisan Race
- Tax Topics in McCain’s Speech
- Hurricane Gustav Victims Qualify for IRS Disaster ...
- 2008 Republican Tax Platform
- Palin’s Speech Filled With Inaccuracies
- Taxing Civil Rights Gains
- Latest Good Reads
- State Budget in California Sets Record for Tardiness
- John McCain Has a Tax Plan To Create Jobs
- Is History Siding With Obama’s Economic Plan?
- September Tax Talk Today Highlights EITC Due Dilig...
- Sen. Joe Biden: a Deeper Look at his Tax Views
- Latest Good Reads
- IRS to Suspend Collection of Options Tax
- 10 Things to Know About Sarah Palin and Energy
- How Much of a Tax Cut/Raise am I Getting?
- Calculate Your “Obama Tax Cut”
-
▼
September
(54)