Saturday, September 6, 2008

Obama vs. McCain: Taxing and Spending

BusinessWeek Special Report
June 12, 2008, 12:01AM EST

by Jane Sasseen

"According to a new analysis by the nonpartisan Tax Policy Center, a joint venture between the Urban Institute and the Brookings Institution, two Washington think tanks, this round goes to Obama. The TPC took a look at the various tax proposals put forth by the two candidates and estimated that Obama's plan would lead to a boost in aftertax income for all but the highest earners, while taking a smaller bite out of government tax revenues than would McCain's plans."