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Comparing Obama's and McCain's Tax Plans….

No Comments » October 21st, 2008 posted by Nigerian Muse // Categories: Spotlight



 

 

http://www.washingtonpost.com/wp-dyn/content/story/2008/06/09/ST2008060900950.html

Obama and McCain Tax Proposals
According to a new analysis by the Tax Policy Center, a joint project of the Urban Institute and the Brookings Institution, Democrat Barack Obama and Republican John McCain are both proposing tax plans that would result in cuts for most American families. Obama’s plan gives the biggest cuts to those who make the least, while McCain would give the largest cuts to the very wealthy. 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.

 

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Nigerian Muse

Nigerian Muse
Welcome to NigerianMuse! After years of resisting it, this website is now being made available to archive my many Musings, Quarterbackings, Essays and Star Articles! What weakened my resistance? First, the existence of new and easier tools for ...
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