Tax Plans O vs M

September 11, 2008 at 10:59 am

If you haven’t already seen it, check out the Washington Post’s graph showing how McCain and Obama’s tax plans compare, broken down into income groups.

If you make under $111,645 per year then you will get a bigger tax cut from Obama. If you make less than $226,981 per year then you get a tax cut from Obama, but a slightly larger one from McCain. If you make more than $603,403 per year… I don’t imagine you’re worried too much about money.

The WP sums it up nicely:

Obama’s plan gives the biggest cuts to those who make the least, while McCain would give the largest cuts to the very wealthy.

If everybody voted for their own financial self-interest then Obama would win by a landslide in November. Personally I think there are many other great reasons to vote for him.

Update: even better, here’s a version of the same graph that chartjunk adjusted to be to scale based on the number of people in each income bracket:

0 Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a comment

You must be logged in to post a comment.

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 2.5 License. | sean reilly