There are only ever two constants in life: Death and taxes. With a week to go before the election, Barack Obama is focusing on the latter.
Obama’s campaign has put a calculator on its Website so that voters can estimate their tax breaks under an Obama administration. Accordingly, The Big Lipowsky stands to save $500 in taxes under an Obama administration.
But is this really a big indicator of who’d be a better president?
The Tax Foundation has a breakdown of the candidates’ tax plans. The Big Lipowsky doesn’t have a link but recalls reading a news article about a month ago that said the majority of Americans would not notice a major difference in taxes under President Obama than they would under President McCain. I will dig around for that article and hopefully post it later this week. In the meantime, the Tax Foundation seems to provide a good breakdown of the tax plans.