Time to educate yourself...

So I found an interesting article on the Washington Post today comparing both candidates Tax Proposals. I find it funny because many people seem to worry about struggling financially under a Democratic Tax policy. Well from the the article, "According to a new analysis by the Tax Policy Center, a joint project of the Urban Institute and the Brookings Institution, Democrat Barack Obama and Republican John McCain are both proposing tax plans that would result in cuts for most American families. Obama's plan gives the biggest cuts to those who make the least, while McCain would give the largest cuts to the very wealthy. For the approximately 147,000 families that make up the top 0.1 percent of the income scale, the difference between the two plans is stark. While McCain offers a $269,364 tax cut, Obama would raise their taxes, on average, by $701,885 - a difference of nearly $1 million." There is also a graphical representation on the article if you care to look that shows the breakdown. What I find funny is that under Obama's proposal, unless you make more than $603,402 a year, you will not be seeing any increase in taxes. Is there anyone that even reads this blog that makes more than $603,402 a year?? So if high taxes was a worry that kept you from considering voting for Obama, you may want to re-think that before you cast your vote this November.