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.

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.

Thanks, Washington Post.