Wednesday, October 15, 2008

Taxes: Obama's Plan vs. McCain's Plan



Here are the numbers. For the record, the election of Barack Obama would allow me to keep $774 in my pocket. What's your number?


Obama McCain
If you make... you'd
save...
you'd
save...
less than $19,000 $567 $21
$19,000-$37,600 $892 $118
$37,600-$66,400 $1118 $325
$66,400-$111,600 $1264 $994
$111,600-$161,000 $2135 $2584

$161,000-$227,000

$2796

$4437

If you're in the top 5% of earners... you'd pay
an extra...
you'd
save...
$227,000-$603,400 $121 $8159
$603,400-$2.87 million $93,709 $48,862
more than $2.87 million $542,882 $290,708


*These numbers were found on Parade's website and were put together by the Tax Policy Center, which is run by the non-partisan Urban Institute.

2 comments:

Anonymous said...

.. no surprise here.

Zoey & Me said...

On the high side, person earning say $3 million. . . that's only 18%. Not bad at all.