Whose tax plan will save you more money?

[Nym90]

If my income were 4 times what it currently is, it'd be a draw.....

[Nym90]

If I were a US resident, then Obama's plan lightens the tax burden significantly.

Campaign lie really. Obama is to the left of Pelosi and Kennedy.

Not sure what that has to do with anything. Being to "the left" generally does mean supporting higher taxes for the wealthy and lower taxes for the poor and middle class.

[Nym90]

Obamas' plan will indirectly increase taxes on the middle class and working class by taxing companies so much that prices will increase as a result.

More than $1000/year worth of increased prices? Doubtful.

[Nym90]

When you rely on the lower and middle class to pay the brunt of hte taxes, like the current system, those said classes get angry and bitter and start pushing for lower taxes at all costs.  If the tax system is fair, people feel a lot better about it.

This is nothing but a myth. The wealthy already pay most of tax revenue, and they always have.
In the fiscal year 2006, the latest data is available from, the top 1%, aka those making more than $388,806 paid 39.89% of all income tax revenue. The top 10%, those making above $108,904, paid 70.79%. The top 50% paid almost all income tax revenue, at 97.01%. Any suggestion that the 'lower and middle classes' pay the brunt of taxes is delusion at best, and deception at worst.

The wealthy also paid the highest proportion of tax revenue in the highly unequal 1920's. When did the wealthiest pay the least proportion of tax revenue? 1963, near the nadir of the gini index for the 20th century. The actual causation is the reverse of what people intuitively think. Inequality => the wealthy have a disproportionate amount of wealth => the wealthy pay a higher proportion in taxes. If you want the tax burden to be more evenly distributed, enact policies that grow the middle class, so that the middle class has the income to actually pay more taxes.

This graphic says it all:

Pretty good evidence that demand side economics works better than supply side. Even the rich are better off under Democrats.

[Nym90]

Neither tax plan is real. I would prefer Obama simply because Democrats live more generally in the real world in terms of economics and revenue.

McCain would actually raise my expenses.
He would just borrow massive amounts of money which would send the dollar crashing - which would in turn raise my tuition at my school in Scotland. If the dollar went back to 2.10 to a pound like last Fall it would raise my fees 8,000$ which is more than I could possibly save from McCain's make believe tax cuts.

Obama has bs ideas to but at least he is grownup enough to believe in paying for them.

Good points. One also has to consider the economic benefit to each American of the spending Obama proposes on things like infrastructure, job training, etc. Difficult to quantify, but obviously the true costs and benefits of taxes are far more than just what you pay.