The Least, First

Monte Asbury's blog

McCain, Obama tax plans by bracket

with 4 comments

Now here’s a truly remarkable comparison from the Washington Post examining the impact of the McCain and Obama tax plans. I’ll quote just one sentence from their analysis, which 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.

Well, whaddya know.

Note that 60% of American taxpayers (that’s you and me, bro!) fall in the bottom three brackets.  And if you’re in the bottom bracket, Senator McCain’s got $19 he wants to use to change your life.

Live it up.  Have a pizza.


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Written by Monte

August 8, 2008 at 11:03 pm

Posted in Politics

4 Responses

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  1. A refundable tax credit of $5,000 is what McCain proposes in his health proposal – we’re hardly talking about good guys and bad guys here.

    Refundable tax credits are not Marxism. All governments receive and distribute money. Marxism is a system of doing so that removes capitalism from the center of the society. No one in this campaign wants that.

    Monte

    October 16, 2008 at 5:36 pm

  2. What you fail to acknowledge is that most of those “lower taxes” for the bottom three brackets is actually a free government check via the earned-income tax credit. In other words, most of those people don’t pay any taxes in the first place!! The so-called Obama “tax cut” is money taken from the top and redistrubuted to the bottom – in other words – Marxism.

    Jason

    October 16, 2008 at 4:05 pm

  3. Thanks, Sloopy Cowbell! I certainly agree with much you suggest. Since in the US the President is not a legislator, the likelihood of promises coming true is even more dependent upon others than it may be in a parliamentary system. But I think one can get a sense of direction from the candidates’ platforms, and develop hunches about what direction the President is likely to try to go.

    As far as setting the Middle East ablaze, Obama has been far less bellicose than McCain, who has demonstrated consistent support for strikes against Iran. McCain’s advisors are neoconservatives – often neocons booted from the Bush Administration for being too over-the-top. So he comes to the office with a philosophical bent toward military takeover of non-democratic powers. I find him frightening, unstable, under-informed, and dangerous.

    I am not satisfied with Obama in this regard, but, to his credit, he early advocated dialogue with regional powers, and has insisted that fair Palestinian grievances needed to be addressed. I think his militancy toward Afghanistan is a big mistake – but I think McCain would make that mistake all over the Middle East. McCain, at root, is a warrior; Obama is a diplomat.

    Monte

    August 15, 2008 at 8:49 pm

  4. Love your sarcasm, Monte!

    Though I’m not sure I buy into Obama, either.

    What they promise outside office, and what they deliver once they are in, rarely coincide.

    That said, very occasionally, a politician and his promises do come true…

    And Obama has been promising to set the Middle East ablaze. He has promised to fund a more vicious and more bloody war than any of his domestic rivals have promised..

    Barack true to his word on that promise??

    Sloopy Cowbell

    August 15, 2008 at 6:42 pm


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