An objective overview of the tax policy proposals of Barack Obama and John McCain

The Answer

The answer is YES. The tax policy plans of Barack Obama (D) and John McCain (R) will both result in net tax cuts. The key difference between their plans, however, is which families they will help most.



Calculate your estimated change in federal income taxes under Obama and McCain:

1. What is your filing status (Elderly: Head of Household at least 65 years of age)

2. How many dependent children do you claim for tax purposes?

3. What is your household's approximate yearly income (Adjusted Gross Income)?



Change in tax under (negative numbers represent tax cuts):

Obama (D): Waiting for input

McCain (R): Waiting for input


All numbers are from recent analysis published by the non-partisan Tax Policy Center on August 25, 2008. These estimates are based upon the stated policies of the candidates. The estimates assume the following conditions about the taxpayer: Does not itemize deductions and does not hold a mortgage. Obama's payroll surtax proposal is not factored in to these estimates. Thanks to Alchemy Today for assisting with the calculator code that made this website possible.

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