Tax Plans - McBush Vs. Obama

Let's see who I'M voting for:

The Tax Policy Center said McCain's plan would provide effective tax cuts for Americans across the income spectrum, with the largest percentage increase in after-tax income going to the wealthiest 0.1 percent of Americans.

This group, numbering around 150,000, would see their after-tax income rise by an average of 11.6 percent, or $678,500, in 2012 as compared with current law that sees tax cuts expiring at the end of 2010.

The lowest income 20 percent of taxpayers would see an increase in after-tax income of 0.9 percent, or $101.

Obama's plan takes somewhat the opposite tack, providing greater percentage tax benefits for lower income groups while the wealthiest would see tax hikes.

The analysis showed that the lowest-income 20 percent of taxpayers would see after-tax income increase by 6.2 percent, or $698 increase, compared with current law, while the top 0.1 percent would see their after-tax incomes decline by 5.1 percent, or $301,400.

Folks, this is an independent study, not something commissioned by the Democrats or the Republicans.

Can YOU guess who I'm going to vote for? Click for full article.