Tuesday, September 23, 2008

obama and mccain tax proposals

From the Washington Post, here's a bit of visual education (click to enlarge):


Under McCain's tax proposal: The bottom three groups, which amounts to 60% of taxpayers, will have their taxes cut by .2-.7%, or roughly $19-$319. People who make above $2.7 million, however, will have their taxes cut by a whopping 4.4%, or roughly $269,364.

Under Obama's tax proposal: The bottom three groups will have their taxes cut by 2.4-5.5%, or roughly $1,042-$567. For those making above $2.7 million, their taxes will increase by 11.5%.

Under McCain, the rich stay rich and the poor stay poor. Still confused? Read this CNN article that takes a closer look at the proposals.

And no matter your party, please look through FactCheck.org. It's an unbiased site that investigates the truth and lies behind advertisements, speeches, and quotes/interviews. Know the facts before you vote. Knowledge is power, guys.

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