For Incomes Below $100,000, Tax Break is Better in Obama’s Plan

Independent analyses of the presidential candidates’ tax proposals show that those who make less than $250,000 a year would not see their taxes raised under Obama’s plans. Further, Obama would generally cut taxes more than McCain would for households with incomes less than $100,000 a year.

McCain would cut taxes generally on par with Mr. Obama for those making between $100,000 and $250,000 a year, but those making $250,000 a year and above would typically pay less in taxes under McCain.

The analyses were conducted independently by the nonpartisan [Tax Policy Center](http://www.taxpolicycenter.org “Tax Policy Center”).

[Read](http://www.nytimes.com/2008/10/31/us/politics/31taxes.html “Read the Article”) (New York Times)

Tax Policy Center’s [Analysis of the 2008 Presidential Candidates’ Tax Plans
Executive Summary](http://www.taxpolicycenter.org/UploadedPDF/411750_updated_candidates_summary.pdf “Executive Summary (pdf)”) (pdf)

[Change in Tax Liability Under the Presidential Candidate Tax Plans](http://www.taxpolicycenter.org/numbers/displayatab.cfm?Docid=1976&DocTypeID=7 “Read”) (Tax Policy Center)

(The 2 plans are nearly even for me.)

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