I care about my Taxes

Each 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.

What's up with that CNN?

MCCAIN OBAMA
Income Avg. tax bill Avg. tax bill
Over $2.9M -$269,364 +$701,885
$603K and UP -$45,361 +$115,974
$227K-$603K -$7,871 +$12
$161K-$227K -$4,380 -$2,789
$112K-$161K -$2,614 -$2,204
$66K-$112K -$1,009 -$1,290
$38K-$66K -$319 -$1,042
$19K-$38K -$113 -$892
Under $19K -$19 -$567

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