2008-09-10

The presidential choice through a taxation prism

So if your family makes less than $111,645 then Obama gives you the bigger break. If you make more, McCain's got your back. Only families making more than $603,403 will pay more under either candidate.

With the country approaching $10 trillion in dept, only Obama has a plan that directly increases revenues. To do a full analysis would require factoring proposed plans from both candidates on spending and anticipated economic growth.

It is interesting that the McCain camp makes a blanket statement that Obama will increase *your* taxes. Who is McCain speaking to? Only the families that make more than $600k? Denial of the clear analysis of the public tax plans seems to play right into Obama's argument that McCain "doesn't get it", and that McCain actually believes his supposed joke that the middle class are families making under $5 million.

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