After reading his “Full Tax Plan” I was pointed toward the Tax Policy Center as an unbiased source of information.
One the front page of the Tax Policy Center’s web site, I found a section titled The Impact of the Presidential Candidates' Tax Proposals on Effective Marginal Tax Rates (September 30, 2008). So I dug in.
Here is a summary of what is listed there. The data is theirs, the graphs are mine (since they didn’t have any)
Data for Tax Year 2009
Data for Tax Year 2012
Now…can someone please explain to me how Obama’s tax plan is better than McCain’s? It appears that the only people that would be helped by Obama are the people that already pay negative taxes!
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1 comment:
Great graph and laudable use of social facts. I wonder if these differences are significant in real values, but that's neither here nor there. The question I would ask is what is the tax money being used for. That would help me determine which plan is better, not just who's taxes are higher. For instance, is either candidate suggesting that we stop funding military projects like the F22 fighter, and the V22 Osprey, which we've spent billions of dollars on, and they don't work. As far as I know, neither candidate is making such a suggestion. Only Ralph Nader and Cynthia McKinney have even mentioned this.
Here's something to interest you. Ralph Nader and Cynthia McKinney are talking about implementing the FAIR tax program. Obama and McCain don't even mention it.
There are third parties. It's obvious, when looking at the social facts, that neither major candidate is worth the vote. You guys should check out the Libertarian and Constitution Parties and start offering information on them. Talk about groups that are not mentioned in the mainstream press. If you want to compensate for the inattention of the mainstream media look at the third parties. We need viable alternatives to the stagnant Democrats and Republicans. We bloggers can be a part of perpetuating a social movement that will create real change.
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