Excerpt from: http://www.urvotescount.com/
Money Talks! The above, which we read on the Washington Post’s website, shows the literal difference in taxes that both McCain and Obama are talking about. Taxes are just a part of the entire landscape in choosing a candidate, but it’s important to evaluate too. Check it out…and tell us what you think!
Excerpt:
Obama and McCain Tax ProposalsAccording to a new analysis by the Tax Policy Center, a joint project of the Urban Institute and the Brookings Institution, Democrat Barack Obama and Republican John McCain are both proposing tax plans that would result in cuts for most American families. Obama’s plan gives the biggest cuts to those who make the least, while McCain would give the largest cuts to the very wealthy. For the approximately 147,000 families that make up the top 0.1 percent of the income scale, the difference between the two plans is stark. While McCain offers a $269,364 tax cut, Obama would raise their taxes, on average, by $701,885 - a difference of nearly $1 million.
So some people feel that taxing the biggest corporations is fair, and that those who *can* pay more, *should* pay more. Period! And that having more money for the middle and working class will make them shop more and the economy will get healthier. Others feel it has a negative impact on the economy - to oversimplify again, when the rich are taxed more, they employ fewer people and have less salary to pay out which means even if the middle and working classes are taxed less, unemployment rises in the end and the economy suffers. BOTH candidates are in favor of putting more money in the hands of the middle and working classes. The question and difference between Obama and McCain is just how much $ that really is, and how much the truly wealthy have to pay as well.
What do you think? Write to us at info@urvotescount.com!
No comments:
Post a Comment