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Comparing the Obama and McCain Tax Plans

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Uploaded by on Oct 21, 2008

Rea Hederman, senior policy analyst and assistant director of Heritage's Center for Data Analysis, explains the differences between Barack Obama's and John McCain's tax plans.

http://www.heritage.org/Research/Taxes/cda08-09.cfm

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  • but we wont need to get jobs. the rich will pay our bills and we can just stay home and play video games.

  • I have a degree in education Health and Physical Education/Science, but even I can deduce that the idea of building an economy by throwing some petty cash to median income people does not spawn economic growth. No one making 30 to 45K a year employs people we are employees. Look at the last stimulus given to the middle class and the effect it had on the economy. you have to make it as easy as possible for the producers in this country to keep producing.

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  • McCain doesn't have a tax plan.

  • 250,000

    200,000

    150,000

    120,000

    What will it be on jan 20th if Obama wins? Vote Mccain/Palin

  • second, under Obamas plan even lower income people lose out when its time to sell their family home.. what they spent a big part of their lives investing in, and what would be a once in a lifetime windfall profit for them, gets taxed and double taxed.

  • what's wrong with the redistribution of wealth concept?

    EVERYTHING!

    first you need to define who are the wealthy.. don't confuse the robber barons of modern times with those who earn their money and create jobs.. Obama wants to give bloated bureaucracy absolute power over the spirit of free enterprise, ultimately killing the goose that laid the golden egg..

  • Obama is reversing what Bush did wrong to make the tax levels back to Clinton levels.

    What is it like 3%? And all of these rich people are crying and yelling?

  • What Obama wants has been going on for years in Europe, unfortunately he forgets to invest in the production/education side. What you get is a short spurt in economic growth that collapses due to the lack of foundation to pay for that growth. So don't make the same mistake, first get the foundation right before you spend the money.

  • Wheres the facts in this video? I didn't see anything but a bunch of empty claims.

    As for corporations paying a 35%/25% tax rate there are none. Warren Buffet offered 1 million $ to any of the Forbes 400 that could prove they pay more then what he payed(17.9%).

    None of them came forward to claim the prize.

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