Barack Obama’s campaign recently released an online calculator to compare the tax policies of Obama and McCain. Simple testing fit with Obama’s campaign promise of providing more tax cuts for the middle class. As expected, the tax cuts lessen as income increases, and are completely phased out at the highest income levels.
Obama’s tax policy represents a new era in American politics. Democrats have often supported tax policy geared towards the middle class, but somehow the “tax and spend” label stuck. The connection between Democrats and tax is absurd and unfair. Government needs taxes to provide for our country. Without government intervention we would suffer without everything from sidewalks to national defense due to market failures. Why would I ever contribute to either if I thought you were and I could still use it?
The real difference is Republicans like to give big tax breaks for the top earners and hope it “trickles” down. Democrats often prefer a more progressive tax system, where higher earners pay a higher percent on additional income. But that’s not what we see; we see the political spin, and unfortunately Republicans know how to spin taxes.
The difference in this campaign is Obama’s more aggressive stance on taxes, and his relentless argument about lowering taxes for 95% of Americans. Now, a simple little online calculator is quite revealing about the difference policies. Is it good or bad that Senator McCain doesn’t know how to get on the internet and check out this website?
But you can. Visit: http://taxcut.barackobama.com/
It’s likely only an estimate of the proposed policy, but Obama and these simple demonstrations are what we need to change the political culture and disarm the Republicans in one of the few issues they have left.
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