Calculate your Obama tax cut! (voting, democrat, liberals, Barack Obama)

[zman0]

Obama has promised to roll back the Bush tax cuts, so how much savings would that result in for your family?

http://www.moneychimp.com/features/tax_brackets.htm

Type in your income and hit "calculate" to find your tax bill for 2008.

Then, select 2000 from the drop down menu, and hit "calculate" again.

This will show you how much money you will save under the Obama plan.

[southernnaturelover]

It's not working.

[pennylove76]

Originally Posted by southernnaturelover

It's not working.

Are we supposed to hit 2000 instead of 2009? Wait, I guess so as I don't see a 2009.

[pirate girl]

There is noplace that I see that this shows our taxrate under the Obama plan. It is only a removal of the Bush tax cuts.

[cohdane]

OP-- your link appears to just cover CURRENT tax codes. I can't see how it applies to what you're talking about.

For anyone who wants a clear easy break-down of the different tax plans, I found this link, with a chart by income-- for both Obama and McCain. Which candidate is "better" for you financially all depends on how much money you make:

Obama and McCain Tax Proposals - washingtonpost.com

[zman0]

*sigh*

I really think I need to revise my opinion of the liberals on this forum. I assumed borderline competence.

Barack Obama has said he wants to repeal the Bush tax cuts. So compare what you owe now with what you owed in 2000 (before the Bush tax cuts).

[Cyber Queen]

Ok well besides what everyone else said is wrong I went along with your plan and in 2008 I was taxed at 25% in 2000 I was taxed at 28% soooooooo that means under Taxabma I will have my taxes increased. Great, thanks for proving why I will NOT be voting for him.

[ShoppingCartLaw]

Another thread on this subject?

I can't believe that people are easily SCAMMED!!!

What you don't know is that Obama will get rid of all the BUSH tax cuts so it will all be a WASH and you may even owe more.

If you get a $2000 tax cut from BUSH, that will be gone under OBAMA because he will NOT sign to continue the BUSH tax cuts!!!!!

Obama wants to let the Bush tax cuts expire

[pghquest]

Originally Posted by dcadca

Ok well besides what everyone else said is wrong I went along with your plan and in 2008 I was taxed at 25% in 2000 I was taxed at 28% soooooooo that means under Taxabma I will have my taxes increased. Great, thanks for proving why I will NOT be voting for him.

Your not the only one, someone makin $8025 is taxed at 10% (2008) but in 2000, they were taxed at 15% Looks to me like Bushs' tax cut helped the poor, and Obama wants to repeal them? Tell me again why the poor is voting Democrat again?

[pghquest]

Originally Posted by ShoppingCartLaw

Another thread on this subject?

I can't believe that people are easily SCAMMED!!!

What you don't know is that Obama will get rid of all the BUSH tax cuts so it will all be a WASH and you may even owe more.

If you get a $2000 tax cut from BUSH, that will be gone under OBAMA because he will NOT sign to continue the BUSH tax cuts!!!!!

Obama wants to let the Bush tax cuts expire

thats the point, peoples taxes will go up under Obama, not down..