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09-26-2008, 03:40 PM
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20,085 posts, read 14,073,478 times
Reputation: 3872
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How to calculate your future tax under Obama or McCain
Online tool estimates taxes under McCain, Obama - Yahoo! News (http://news.yahoo.com/s/ap/20080926/ap_on_el_pr/election_tax_burden - broken link)
Online tool estimates taxes under McCain, Obama
Election Taxes » Estimate your 2009 - 2012 taxes
good article with a link to help you figure out your personal tax obligation under either of the candidates.
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09-26-2008, 04:10 PM
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Location: Orlando, FL
959 posts, read 1,150,698 times
Reputation: 346
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Fails to implement the associated costs of increased capital gains effect on companies or increased corporate taxes on employment. Also assumes tax plans will be as stated before the election. (see Clinton's pre-election talk vs post-election action.)
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09-26-2008, 04:14 PM
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20,085 posts, read 14,073,478 times
Reputation: 3872
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Quote:
Originally Posted by ucfjtm
Fails to implement the associated costs of increased capital gains effect on companies or increased corporate taxes on employment. Also assumes tax plans will be as stated before the election. (see Clinton's pre-election talk vs post-election action.)
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It was meant to be as presented and since you don't know what any final plan would be it is the best assessment for now. Certainly better then the misleading pronouncements without support by each campaign. It allows the independent reader a calculation that is better then the usual forum misdirection campaigns.
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09-26-2008, 04:28 PM
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8,233 posts, read 7,293,950 times
Reputation: 3826
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So with an average of $500. per year savings under Obama, 30 million taxpayers will be saving a total of $15,000,000,000 a year. How is the top 5 percent of taxpayers going to make that up? And that's just 30 million taxpayers. We sure must have some super rich people in the top 5%!
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09-26-2008, 04:29 PM
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1,085 posts, read 1,022,633 times
Reputation: 806
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Calculations based on campaign promises? Folks, this is an honest waste of time.
The next President is going to have to raise taxes no matter what they say before November 4th. It'll be Bush 1 all over again!
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