CNN iReport CNN iReport

Want lower taxes? Vote OBAMA!!

September 11, 2008 | Vetting explained

Posted by:
Pearcy

  • Viewed 154 times
  • Shared 5 times
  • Last updated: September 11, 2008
 
iReport —
The Tax Policy Center has done intensive analysis of the two candidates’ tax proposals and their public statements and found that the majority of taxpayers would see more relief from Obama’s plan than McCain’s. The Washington Post has created a chart that explains exactly what each candidate’s tax plans would mean for different income levels, and the analysis points to stark differences. Obama’s plan gives the biggest cuts to those who make the least, while McCain would give the largest cuts to the very wealthy. There’s even a website, ObamaTaxCut.com, where you can calculate the estimated tax cut Obama’s plan would give you—and compare it to what you would see under McCain’s plan. Obama’s plan gives tax cuts to 95 percent of working families. The overwhelming majority of taxpayers would see a bigger tax cut under Obama’s plan than McCain’s. As The Washington Post chart shows, 60 percent of taxpayers would get a tax cut three times as big from Obama as from McCain. That’s real money in the pockets of hardworking families. You can even watch the CNN video on it here: http://www.cnn.com/video/?/video/politics/2008/09/11/ac.tax.plans.cnn

Comments

Log in to comment

iReport welcomes a lively discussion, so comments on iReports are not pre-screened before they post. See the iReport community guidelines for details about content that is not welcome on iReport.

What is iReport?

  • Share

    Tell a story, offer an opinion, say what's important to you.

  • Discuss

    Join the conversation on the day's big issues.

  • Be heard

    The best iReports get vetted and used on CNN platforms.

iReport is a user-generated section of CNN.com. The stories here come from users. CNN has vetted only the stories marked with the "CNN" badge. MORE...