Doesn't Obama's tax plan clearly benefit the middle and upper-middle class more than McCain's? ?

Question

Unless there's something wrong with the Washington Post's summary of their plans, I don't see how anyone who is not an elitist could possibly support John McCain's plan:

http://www.washingtonpost.com/wp-dyn/content/story/2008/06/09/ST2008060900950.html

What do you think?

Answer 1

You cant look at tax plans as good or bad based only on how much tax someone pays. If taxes are to high, that hurts the economy. Jobs are lost. Big deal getting a tax cut if your job goes away.

Answer 2

on the other hand, inflation under obama would soar, thereby s******g everyone.

Answer 3

Yes it does.  The non-partisan Tax Policy Center's analysis agrees with the Washington Post's analysis.  Obama cuts the taxes of the middle and upper middle class more than McCain for those making up to $112,000 a year.  Between $112,000 and $249,000 the tax cuts are about the same with Obama saving them a little more.  Obama would tax those making over $250,00 more than McCain.

Answer 4

No.

The question should be what tax plan is in the best interest of America?

Clearly McCain's.  It is so sad that the Dems must (once again) fan the flames of class envy among jealous Americans.  The "Robin Hood" philosophy is disastrous for the future of this country.

Bottom line is that the wealthy pay this country's bills.  All Americans should thank them for paying the overwhelming share of taxes, while the bottom 50% of taxpayers (incl. middle class) pay a paltry 3% of taxes.

A vast number of the American people are uninformed and should be ashamed of themselves for failing to understand simple facts regarding tax policy and flow of tax receipts.  It is sad that the Dems mask the truth and prey upon the uninformed in order to sway votes of the mindless masses (countless millions of Americans).  That is indicative of the sorry state of the Democratic party.  They rely upon the votes of the lowest common denominator of society in order to win anything and they spread misinformation to those ill-equipped to even know the truth/facts (or just too ignorant).

The direction this country (and that of younger generations) is taking is disturbing and sad to watch as it unfolds.

Answer 5

Those who most need a tax cut... those who make between minimum wage and 66,000 a year, get almost no cut at all under McCain's plan, but that same group benefits most under Obama's plan. Yeah, I'd say that McCain is definitely fighting for the rich while Obama is trying to help the average Joe.

Answer 6

Obama's plan is pretty clear-cut to me, and McCain's is still a gray area one.  I don't make $250,000 a year, so I support Obama's tax plan.  It really is that simple.  It appears McCain seems to support the path of Bush and will give tax breaks to the "already" wealthy corporations and oil companies that clearly don't need a penny more.  That hasn't panned out for the average working American over the last 8 years.  If giving these cuts is supposed to jump-start the economy, I am still waiting.......

Answer 7

I don't have a huge problem with either tax plan, except I fail to see the need to take away an extra 11% on the highest earners in the country when they are already paying the highest share.  I don't have class envy problems, and I pretty much believe you should be able to do whatever you want with the money you earn.

I don't think this article takes into account what Obama wants to do with capital gains and gas taxes though, both of which have a much larger negative effect on the economy.

Answer 8

Hey, McCain's plan benefits those making $1-5 million a year, and he considers those people to be middle class, so I think you need to recheck your figures.