This is great - thanks - nice visuals!

falconmoonstar Oct. 11, 2008 at 2:34 PM

No doubt about proof!  Thanks for posting!

Wifey06 Oct. 11, 2008 at 2:43 PM

Thanks for posting this. Very interesting information.

catteagrammy Oct. 11, 2008 at 2:44 PM

So nice having it all layed out for us like this!
thanks for sharing!

sungreen13 Oct. 11, 2008 at 2:45 PM

This will make things easier for the right-wing fanatics to understand, won't it? Probably not, but great post regardless.

EMSo2 Oct. 11, 2008 at 3:49 PM

I noticed the average chart is based on the simplified tax lines based on income only. It says with Obama I would get a tax decrease of $892.00 and with with McCains it would be $113.00.

Too bad with just looking at income only it misses that McCain's plan involves doubling the deduction for each dependent child, which would mean an extra $4,000 or so deduction for our one kid - mmmmm, now that does change things a bit for me doesn't it?

Personally, I'd love to see a flat tax - throw all the beauracratic garbage out the window :) And personally, I wish Romney was still in the running, you can say whatever you want about that man, but there is one undenialbe fact about him: He knows how to take something incredibly financially broken, and turn it into something that's making lots of money. And there is no doubt that our nation is financially broken.

mogencreative Oct. 11, 2008 at 9:22 PM

You put in way too much "facts" and "data!"

Must be liberal media bias. LOL

MAUREEN55 Oct. 12, 2008 at 12:13 AM

Too bad with just looking at income only it misses that McCain's plan involves doubling the deduction for each dependent child, which would mean an extra $4,000 or so deduction for our one kid - mmmmm, now that does change things a bit for me doesn't it?

mogencreative Oct. 11, 2008 at 8:22 PM

mogen, I continue to love you.

These charts also don't show how we will be effected when Obama repeals the Bush tax cuts.  His BASELINE is higher than McCain's. 

So - McCain keeps the Bush Tax Cuts, doubles the Earned Income Credit, AND gives me $5,000 to put toward health insurance?  Every YEAR?  Wow.  Sign me up.  No really...I'm signing up.

Plus, there is no economic model that shows success by taxing the investors in a recession.  The stock market needs investors.  If those folks are getting taxed on capital gains, taxed higher in personal taxes, higher dividend taxes - what is their incentive to continue to invest or re-invest? I might be too poor to play the stock market, but I sure as heck understand how those things would effect me if I did!

We only pulled out of Carter's recession because Reagan slashed spending and slashed taxes.

How can we start from negative, and spend more, and tax more? 

And nice poll on the economists...looks like Al Gore did that research. LOL. 

Seriously92 Oct. 12, 2008 at 3:03 AM

LOL Maureen!

Great post.  I hadn't seen those first two visual charts before.

RanaAurora Oct. 12, 2008 at 3:04 AM

Seriously92, that INCLUDES the effects of removing Bush's tax cut for the upper class.  That's why that one bracket says 0 change, but then says $-12.  That's Obama not raising or lowering taxes on them, but that's the effect of the removal of the Bush tax cuts.

RanaAurora Oct. 12, 2008 at 3:06 AM