Who’s Really Fighting For You?

Right, so, let’s talk about, you know an actual issue, like, say taxes.

John McCain has repeatedly said that Barack Obama will raise your taxes, but who does he mean exactly when he says, “your”?  Let’s take a look at a chart, shall we?

BREAKING DOWN THE NUMBERS
Here’s how the average tax bill could change in 2009 if either John McCain’s or Barack Obama’s tax proposals were fully in place.
  MCCAIN OBAMA
Income Avg. tax bill Avg. tax bill
Over $2.9M -$269,364 +$701,885
$603K and up -$45,361 +$115,974
$227K-$603K -$7,871 +$12
$161K-$227K -$4,380 -$2,789
$112K-$161K -$2,614 -$2,204
$66K-$112K -$1,009 -$1,290
$38K-$66K -$319 -$1,042
$19K-$38K -$113 -$892
Under $19K -$19 -$567

It almost goes back to Saddleback, doesn’t it?  True to his word, Barack Obama will raise taxes if you make over about $230K a year; if you are in the top five percentile regarding income in the United States.  And if you are making under $112K a year you will receive a bigger tax cut from Barack Obama than you will from John McCain.

Now let’s talk the middle class, right?  The REAL middle class.  Once you get under $66K a year, you will receive a tax cut that is three times larger under Barack Obama than you would if John McCain were president, and below that it just gets ridiculous.

Yes, under McCain’s plan, everyone gets a tax cut, but chances are, if you are reading this, you are going to get a far bigger tax cut under the Obama plan than you would under the McCain plan.  It’s that simple.

And this is important, because John McCain is running around and telling middle class families that Barack Obama is going to increase their taxes, when McCain’s own tax increases don’t match Obama’s as far as keeping money in the people’s pockets.

I mean, if you are in the lowest tax bracket there, where it hurts the most, you will receive a tax cut thirty times greater under Barack Obama than John McCain.  So please, when John McCain is out there saying he is going to fight for you, I want him to be clear; he’s fighting for the upper classes.  If the middle class wants a champion that will fight for them, Barack Obama is clearly the best bet.

(Graph courtesy CNN Money)

6 Responses to “Who’s Really Fighting For You?”

  1. radical_moderate says:

    Kyle, glad to see that CFLF is back to looking at McCain mostly. Personally I have saved that tax chart to file and I am posting it on every forum that I can. I am hoping that a netroots offensive will do something to fight the lies and the smears that McCain is peddling. Oh BTW, when McCain or his mouthpieces say that 100 million Americans will pay higher taxes under a President Obama they are talking about Capital Gains and Dividends; what we need to point out wherever we can is that, number one, Obama hasn’t made a firm commitment to up those taxes (he wants to consider the economic climate when he assumes the Presidency), and 2. they are talking about tax deffered investments in 401Ks (Obviously, the tax issue will not become relevent until people are retired and are in a lower tax bracket at any rate), also I have heard that some Senior Citizens believe that Obama will raise their taxes, when in fact, Obama wants to do away taxing Senior with incomes of $50,000 or less! We on the left need to spread the word, tell our neighbors, print out this tax table that you have provided kyle, and show it to relatives, friends, and co-workers. We need to spread the good news!

  2. Hey RM.

    One thing I think to point out, the Cap Gains argument is one that I think needs to not really be dug into too much. The tax chart above is pretty simple to go through, but I think when you get into cap gains taxes, that’s too nuanced of an argument–one that really speaks to the choir, and doesn’t go very far to digging up converts. The thing is, Democrats tend to try and deflect away from issues they are weak on, ie. National Security, but what they really need to do is avoid the debates that get too deep in the weeds for a low information voter to readily pick up.

    On the other hand, you are dead right when it comes to seniors. Obama wants to abolish taxes on seniors making 50K or less, as you rightully pointed out. That’s good debating ground right there.

    Taking things back to a bigger picture, I think this election needs to be forced back to the issues, and that’s not going to happen until the first debate. We’re stuck in this American Idol crap at least until then. I’ve got some other ideas, but those will wait until tomorrow; I’m not writing today out of deference to the day.

    But if I were to say one thing that Obama has to do right now, he has to do something, anything, to get the base to quit the navel gazing. It could be a great speech, maybe even a speech on sexism, or drop the kind of phantom ad that the McCain team has been dropping, the actual content isn’t as important as getting the base fired up and on his side again.

  3. radical_moderate says:

    Kyle, my only comment on the cap gains issue is that the Repugs are going around saying that 100 million Americans are going to get a tax hike under Obama…I don’t think that one has to get into the nuance of Capital Gains and Dividends so much as to point out that McCain is twisting the facts, and that they are attempting to throw 401K investments into the stew…now if we started getting into the nuance of ROTH IRAs, then Houston, we (definitely me) might have a problem, LOL.

  4. radical_moderate says:

    One more thing, when you say ” The thing is, Democrats tend to try and deflect away from issues they are weak on, ie. National Security” I have to object, when you say this you are playing to the myth that Democrats don’t know how to secure this country…which is Bull and is proven wrong by remembering FDR, Truman, and even JFK, who despite some mistakes during the “Bay of Pigs” incident had the good sense to dissuade his Generals from starting WW3.

  5. Robert says:

    Thank you for this post. It’s a slam-dunk.

    too bad it’s too big for a bumper sticker.

  6. brenda says:

    Well of course Obama is going to make it look like a tax break for the middle class. That is the range of voters he needs to win. Then he is planning on giving all these families a $1,000, and the kids in university, up to $4,000 and then breaks for the elderly. He is going to give you health care, end the war, and the list goes on. Now for those living in the real world….they look at this and see Obama is saying whatever it takes to get your vote. There is no way the country can afford his promises. If you are relying on all his wish lists coming true, you will see BO stand up and blame it all on Bush. Mark My Words…

Trackbacks/Pingbacks

  1. “Senator, what economy are you talking about?” | Comments from Left Field - [...] Barack Obama says not word one about his tax plan, because for anyone making under 112K a year, you’re…
  2. Who’s Really Fighting For You (part II) | Comments from Left Field - [...] Looks like this is going to end up a series as opposed to a single title.  If you’ll remember,…

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