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Old 09-15-2008, 07:35 PM
 
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"The two candidates' tax plans would have sharply different distributional effects. Senator McCain's tax cuts would primarily benefit those with very high incomes, almost all of whom would receive large tax cuts that would, on average, raise their after-tax incomes by more than twice the average for all households. Many fewer households at the bottom of the income distribution would get tax cuts and those tax cuts would be small as a share of after-tax income. In marked contrast, Senator Obama offers much larger tax breaks to low- and middle-income taxpayers and would increase taxes on high-income taxpayers. The largest tax cuts, as a share of income, would go to those at the bottom of the income distribution, while taxpayers with the highest income would see their taxes rise significantly. "
An Updated Analysis of the 2008 Presidential Candidates' Tax Plans: Updated September 12, 2008

"In fact, independent groups such as the Tax Policy Center have concluded that four out of five U.S. households would receive tax cuts under Obama's proposal, which include higher income and payroll taxes only for the wealthiest wage-earners."

Palin spells out her role in McCain administration (http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2008/09/15/politics/p102731D76.DTL - broken link)
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