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Tax Policy Center releases new campaign summary

September 13th, 2008

Tip of the hat to Ezra for noticing this, and agreed that their method of redirection back to the Internet via PDF is more than a little obfuscated, but I suppose that sort of thing doesn’t generally sound alarm bells in the minds of tax experts.

Here’s a new way of looking at the distribution of tax cuts under the new analysis (no new tables for sample tax payers, so no updates to ObamaTaxCut).

And, yes, using the 2012 estimates instead of the 2009 estimates would get rid of the top-quintile tax increase for Obama and reflect better on his plan, but I’m trying to be honest here.

This entry was posted on Saturday, September 13th, 2008 at 12:42 am and is filed under PolitiFacts.

  • thanks!
  • Obama's tax plan will destroy the Social Security system.

    Obama says his income tax plan will lower taxes for 95% of Americans. There is just one problem with this, 40% of Americans already pay no income tax. Obama's response to this is that these people pay Social Security tax. Well, that's not income tax, but a contribution to their retirement plan. So if he wins and implements his tax plan, for the first time in the history of Social Security, 40% of the people who will get retirement benefits will have paid nothing for them. Social Security will then loose all pretext of being a retirement plan, and will become a national welfare program.

    This will cause Social Security to lose public support in a massive way. Leave Social Security contributions out of income tax plans. If you take some peoples income taxes to pay others Social Security taxes, Social Security will be destroyed forever.

    http://strategicthought-charles77.blogspot.com/...
  • FayW
    This site is poorly designed.
    There should be prominently a way of contacting the author of content privately without having to make a public post
  • Is this correct?
    At site:
    http://alchemytoday.com/willobamaraisemytaxes.html
    There seems to be a 'Donut-hole for Obama:
    Elderly - married
    0 children
    $50,000 income
    Obama: $364.49
    McCain: -$431.43
    For
    Elderly - married
    0 children
    $75,000 income
    Obama: -$47.53
    McCain: -$387.61
    For
    Elderly - married
    0 children
    $35,000 income
    Obama: -$1,152.07
    McCain: -$230.74
  • Michele
    Hi. I went to the Obama tax plan calculator that you sponsor but was surprised to see that there was a huge gap between the last tow choices of $200,000 and $500,000. I would like to know the answer to how much of a tax cut would occur for a married working couple with 2 kids making $262,000. Thanks.
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