Revenue Robot | The 2008 Obama and McCain Tax Proposals

The 2008 Obama and McCain Tax Proposals

Wednesday, September 24th, 2008 | Filed under: Make Money, Random with

A friend of mine recently sent me an article on Obama and McCain Tax Proposals. The article shows that while McCain offers a $269,364 tax cut, Obama would raise the taxes, on average, by $701,885 - a difference of nearly $1 million. Check out the image below to see exactly what i’m saying…
Obama Taxes Mc Cain Taxes

Comments

1
doylna // September 25th, 2008 at 2:58 pm

You do realize that the $701,885 increase in taxes would only apply to those families whose income was greater than $2.87M, right?

2
Colin // September 26th, 2008 at 9:43 am

Indeed. Obama’s plan raises more taxes on average if you look at brackets like that, but for the majority of citizens (and voters), they’ll see a larger decrease in taxes with Obama. Meanwhile, McCain would give the largest tax cut to the smallest group of people that needs it the least.

Colins last blog post..The Modern Conservative