Oct 01 2008
How Much Tax Relief Will You Receive with the Next President?
In this time of financial uncertainly, both Presidential candidates talk a lot about “taxes”.
Senator John McCain says that he’ll cut taxes at the top; hoping for the same “trickle down” philosophy of his hero, Ronald Reagan. John McCain believes that if the rich pay less taxes, they will start more businesses that hire more people. Unfortunately, especially lately, the rich have gotten richer, and the poor and middle class have gotten poorer and less “middler”. Of course, Senator McCain believes that people who make $5,000,000 are “middle class”…I don’t know about you, but I don’t make anywhere near $5M/annually, and neither do any of my family, friends, or neighbors.
Senator Barack Obama believes that cutting the taxes of the “real” middle class, which includes the 95% of the American public who make less than $250,000, the economy will be jump started. Having a business is fruitless if there is no one to buy your product or service. That’s what Henry Ford believed; that’s why he paid his workers the then-unheard of sum of $5.00/day. He said no sense building cars that his workers couldn’t afford to purchase! By paying his workers a “middle class” wage, others followed suit, and that idea literally brought millions of people into the middle class.
The middle class is the backbone of the American economy. Find out how much more your taxcut will be under the plan of Barack Obama rather than under that of John McCain by clicking Obama Tax Cut. Just input your filing status and AGI (Adjusted Gross Income) and instantly find out how much you’ll save in taxes in an Obama Administration!
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