I found the side by side comparison of both presidental tax cut proposals.
Interesting for family incomes between $66,355 and $111,645 Obama's proposal saves an average of a little more than $200 over McCains plan
Family incomes between 111,646.00 and 226,981 realize a larger tax savings with McCains tax plan than Obama's
According to this Obama's average tax cut will be $160. With 60% of the tax payers in the lower income groups, it doesn't seem like very much wealth is being spread when you divide it among them.
http://www.washingtonpost.com/wp-dyn/content/story/2008/06/0
Looks like the middle and upper middle class will see a tax increase. Regardless of the promise not to raise taxes on those under $250K
- Mon Oct 27 2008, 18:43
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