Tax plans

Here’a a good summary of the two candidates’ tax plans. Now tell me what is so bad about Obama’s plan and why he’s being called a Socialist. I don’t agree with the estate tax being so high, but other than that, isn’t the middle class the ones who should get the tax breaks–not the ones making over $250,000? In Obama’s plan you (we) would fare better–and the deficit would would decrease. Under McCain’s plan we would do only marginally better but the deficit would continue to increase. Basically it looks like Obama’s plan reverts back to the Clinton rates–39% top income tax rate, (instead of 35%)etc. Oooohhhh….scary!!

http://www.suntimes.com/news/politics/obama/1031268,CST-NWS-tax30.article

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