
Editorial![]() |
I care about my TaxesEach of the Presidential Canidates has a Proposed Tax Bill.. basically an "If I was President, this is how I would change taxes." document. The chart below shows what each of those bills would do to your current tax payment under the plan. You'll note that if you're making $3 million or more in a year, the amount of taxes you'll pay will be going up significantly if Obama gets his way. I can't image this makes him very popular. CNN put up this chart but cut it off right below $161K. I'm not exactly sure why other than that only covers 5% of Americans and makes it look like Obama will be raising taxes pretty heavily. Strange that it would ignore the fact that the other 95% of Americans would be getting a whole heck of a lot of their money back.
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