Obama’s Tax Calculator Won’t Tell People How High Their Taxes Would Go
If a politician says he’s going to raise taxes on certain Americans, doesn’t he sort of owe us the courtesy of telling us roughly how much those higher taxes would be?
Obama’s tax calculator asks users to input information, ranging from an approximate income range to mortgage balance and number of dependents. If the user qualifies for a tax cut under Obama’s plan, the calculator produces a specific dollar estimate for “tax savings” and compares that with any estimated tax change for that user under McCain’s plan.
For incomes over $250,000, where there would be a possible increase under Obama’s plan, the calculator does not provide dollar estimates and tells the user, “You will probably not get a tax cut under the Obama-Biden plan.”
McCain supporters and conservative groups such as Americans for Tax Reform criticize the Obama calculator, saying it fails to spell out how tax hikes in Obama’s plan would affect a given individual and excludes corporate taxes in its calculations.
Obama’s going to jack up our taxes when he gets into office. He’s going to raise them for nearly all Americans by “rolling back” the Bush tax cuts (that is, in fact, a tax hike liberals), and then he’s going to raise them even further with his “tax cut for 95% of Americans” that’s really just a raise in taxes for people who pay the most in taxes and a check in the mail for people who pay nothing or next to nothing in income taxes.
