Thursday, August 28, 2008

Final Night of the Democratic Convention

WELCOME NEW VISITORS!! IF YOU WOULD LIKE TO KNOW WHAT YOUR OBAMA TAX CUT WILL BE, CLICK HERE! (DISCLAIMER: YOU'LL BE TAKEN TO A SITE WE DID NOT CREATE.)

I just made it to the floor of Invesco Field and am standing in a sea
of Texas delegates waving American flags and listening to Bill
Richardson's tremendous speech. The atmosphere is just overwhelming.
No wireless connection here, so I can't write much, but I'll shoot
some video and put it up tomorrow.

If you're a newcomer to our blog, please check out the material below,
and the long list of links to the left, including the Obama Tax Cut
Calculator, that will tell you how your taxes will change under
Obama's proposals.

If you have unanswered questions about Obama's economic policy, please
send them to us at econ4obama@gmail.com

2 comments:

Anonymous said...

Thanks for that. My tax cut will be $0. And how much will my tax increase be? Do you have a website to show how much additional money will be taken by Uncle Obama? Do share.

Don Pedro said...

Dear Anonymous (please leave a name next time!):

Can you tell us what filing status, # of dependents, and adjusted gross income you entered into the form?

95% of Americans would receive a tax cut under Obama.

There's no gimmicks in the calcuator. It is based on analysis from the highly respected and nonpartisan Tax Policy Center. Although the site doesn't say, I'm nearly certain that the calculator gives you figures that come from Tables T08-0212, T08-0211, and T08-0210 that you can access from this site:
http://www.taxpolicycenter.org/numbers/displayatab.cfm?template=simulation&SimID=266

Note that these tables give you the NET tax change, so they show an increase if you are among the very small group that would see a tax increase under Obama.