Comparing the Obama and McCain Tax Plans
Rea Hederman, senior policy analyst and assistant director of Heritage’s Center for Data Analysis, explains the differences between Barack Obama’s and John McCain’s tax plans.
http://www.heritage.org/Research/Taxes/cda08-09.cfm
source
Click to rate this post!
[Total: 0 Average: 0]
McCain doesn't have a tax plan.
I have a degree in education Health and Physical Education/Science, but even I can deduce that the idea of building an economy by throwing some petty cash to median income people does not spawn economic growth. No one making 30 to 45K a year employs people we are employees. Look at the last stimulus given to the middle class and the effect it had on the economy. you have to make it as easy as possible for the producers in this country to keep producing.
Obama is reversing what Bush did wrong to make the tax levels back to Clinton levels.
What is it like 3%? And all of these rich people are crying and yelling?
@AlanCom1
C-For food and medical expenses are already rising and G-the sum of government weapons cost for the military to rebuild from our Iraq losses and the government money for the bailouts is also going up.
WIKI the formula.
Your reference to "disincentive to work under higher taxes?" is a myth. If the holder of wealth doesn't invest it, their Bankers will.
Investiture by myself and others allow us to grow our succumb to inflation. Go ahead, avoid that next tax bracket if you want to.
This is a Flat out Lie, GDP = C + I + G + (X-M) M will be offset by Job Growth which is omitted
Obamas plan is a Basic Growth and Stimulus Package aimed a a Broad consumer market that would increase 7 to 8 more jobs then McCain's.
Remember this, there is no, zero, incentive under McCain to retain Domestic employment and it rewards consolidation of wealth-no Jobs
Obama generates millions of spenders and a greater volume of product purchases and an increase in Jobs to service the expenditure.
The Obamessiah says, "Thou shalt eat of pie that thou bakesth not."
I say thou shalt not covet thy neighbor's pie.
bullshit