Whose tax plan will save you more money?

[afleitch]

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

[NDN]

Obama's in the near future. As for my parents, McCain.

[??????????]

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.

[NDN]

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.

Maybe personally, but not his voting record. Obama is too much of a people pleasing status climber to ever actually challenge the 'status quo' in any significant way. Although in some ways that's obviously a good thing.

[Хahar 🤔]

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.

Whereas McCain will just do it straight out. Sorry, but I'm not a fan of supply-side.

[dead0man]

If the stats in an image that was borrowed from another guy's sig can be trusted then Obama.  Although I don't vote my pocketbook nor am I even considering voting for either of these jokers.

[Jake]

Damn, the people on this forum tend to be skewed to the wealthy side.

This is news? I'd have to guess 80%+ of the forum comes from an upper middle class suburban family.

[TheresNoMoney]

The chart comes from this article from Money Magazine:

Link

[Verily]

The chart comes from this article from Money Magazine:

Link

The chart itself originally ran in the Washington Post, although I don't have a link for it.

[Nym90]

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

[MasterJedi]

If you go by that wrong chart Obama but in reality McCain's plan doesn't raise taxes so him over Obama which will be huge tax increases on people making over $42,000 (and that number could be lower, can't exactly remember).

[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.

[Smash255]

If you go by that wrong chart Obama but in reality McCain's plan doesn't raise taxes so him over Obama which will be huge tax increases on people making over $42,000 (and that number could be lower, can't exactly remember).

The number is about SIX TIMES THAT......

[Sbane]

If you go by that wrong chart Obama but in reality McCain's plan doesn't raise taxes so him over Obama which will be huge tax increases on people making over $42,000 (and that number could be lower, can't exactly remember).

Obama isn't raising taxes on anyone making under $200,000 or $250,000 for a family. Only way a tax increase could affect lower income families is if he actually goes through with the windfall profits tax.

[○∙◄☻¥tπ[╪AV┼cVê└]

If you go by that wrong chart Obama but in reality McCain's plan doesn't raise taxes so him over Obama which will be huge tax increases on people making over $42,000 (and that number could be lower, can't exactly remember).

Obama isn't raising taxes on anyone making under $200,000 or $250,000 for a family. Only way a tax increase could affect lower income families is if he actually goes through with the windfall profits tax.

Well to be fair to MasterJedi, he can't remember the number that the McCain campaign made up.

[MasterJedi]

What Obama says he'll do isn't what his plan would actually do. You think he'd really come out and say he'd do that?

[Ban my account ffs!]

What will Obama's plan actually do, Jedi?

This is what is wrong with American politics... everybody votes out of fear.  Instead of drinking the kool-aid that the Republican machine gives to you, why don't you research the economic policies proposed by both parties and how past economic policies of the two parties have affected the economy and who was better off.

Doing that has led me to the Democrats.  They have sounder spending principles that lead to less debt, better education, and more equality. 

There is a time when supply side economic policy is beneficial, like it was in the early 80s.  Those policies have run their course and now they are only hurting America.  We need demand side policies and government investment into our ailing schools and infrastructure to make America strong again.

That will require a tax increase for the most well off and a modest tax cut for the rest of us.

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.

Ugh, there's so much more I could go on about.. but I'm not changing anybody's mind.

But I guess when you're not living in reality, but instead in a Rush Limbaugh world.. the economy could be performing top notch and schools could be improving and our roads getting paved and things would still be bad, just because a Democrat is heading it up.

[Sbane]

What Obama says he'll do isn't what his plan would actually do. You think he'd really come out and say he'd do that?

Ooh Mr. conspiracy theorist here.  So what exactly would Obama's plan do since you can apparently read minds now. Seriously, cutting taxes on the rich made sense in the 80's when the top tax rate was 70%. Thus by reducing taxes we actually increased revenues. But see the laffer curve has an optimum level of taxation, which changes with changes in spending. Since we are spending more now ( Iraq), we should have actually seen some tax increases instead of a tax cut. So that led to deficit spending which predictably led to inflation, which is just a hidden tax on the poors and middle class.

[TeePee4Prez]

For right now with me, strong Obama.

For parents, slight Obama.

[Bono]

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.

[○∙◄☻¥tπ[╪AV┼cVê└]

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.

Let me guess, they look only at federal income taxes and ignore other federal taxes and all state and local taxes?

[jokerman]

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.

Let me guess, they look only at federal income taxes and ignore other federal taxes and all state and local taxes?

Upon a quick glance at the information on the website, you are quite correct, Jfern.

[Ban my account ffs!]

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.

When you take into account all taxes and fees paid to the government, the middle and lower classes pay a higher percentage of their income in taxes.  The only tax that fairly addresses this inequality is the progressive income tax.

I know that doesn't fit into your little "conservative economics will save the world" worldview.. but oh well.

Might I add that your usage of only federal income taxes and absolute numbers it he delusion and the deceptive tactic here.

[Smash255]

What Obama says he'll do isn't what his plan would actually do. You think he'd really come out and say he'd do that?

And Jfraud can go away now.

Ah so you feel the need to tell a BOLD FACED LIE instead

[Sbane]

Come on Jedi I am waiting for my answer. what will Obama's plan really do