Yahoo! News has a tax calculator on their front page

[Psst_Im_Not_Here]

Read the comments below. People are being shocked into reality about the McCain tax lie! Rate up the story and pass on the link!

The story:

Online tool estimates taxes under McCain, Obama

Snip:

PORTLAND, Maine - Voters whose bottom line is taxes can use a new online tool to calculate what their own bottom line would be with the IRS under a Barack Obama or John McCain administration.


The model developed by a business software company and an accounting professor in Maine estimates how individual income taxes would be affected under plans put forth by the two presidential candidates.

The Portland-based company Quantrix says taxpayers who log onto http://www.electiontaxes.com and enter their income can obtain a free estimate of what they would pay in taxes for 2009 through 2012 under each of the two presidential candidates.

"The economy is a key factor in this presidential election, and our interactive tool enables individuals to make an informed choice when casting their vote," said professor Jeffrey Gramlich of the University of Southern Maine. "With just a few keystrokes, this model enables voters to see how these tax plans will impact their personal bottom line."

For example, the model indicates that a couple with two children earning $100,000 with $20,000 in itemized deductions would have a net tax bill for 2009 of $9,555 under McCain and $9,002 under Obama. That compares with a $9,505 tax bill for this couple under current law, the electiontaxes.com site says. In another example, a single taxpayer making $50,000 and using the standard deduction would pay $6,867 under McCain and $6,325 under Obama, compared with $6,827 under current law.


Link to calculator:
Calculate tax rates

[Hope And Change]

1. K & R!Thanks for posting!

[FrenchieCat]

2. and Buzz it up!

[Psst_Im_Not_Here]

3. Yes!!! By all means!

I forgot to add that thanks Frenchie!

[Psst_Im_Not_Here]

4. This line is incredible

"In another example, a single taxpayer making $50,000 and using the standard deduction would pay $6,867 under McCain and $6,325 under Obama, compared with $6,827 under current law."

They would pay MORE under McCain than even under Bush!

[Psst_Im_Not_Here]

5. Whew! GD:P is really moving!

Kicking because I think it's an important tool to use for those people wavering on Obama because fof the higher taxes BS.

[HughMoran]

6. The tax lie infuriates me more than any other - blue-collar believe this sort of lie

God it infuriates me - I hope Obama can slam the living fuck out of McLiar for claiming this fucking bullshit.

[Psst_Im_Not_Here]

7. This is an excellent tool to point those that believe it too.

It's a non-partisan site.

[HughMoran]

8. The tool is nice, but awfully complicated to remember all those numbers

If I'm a technical professional and I found it overly complex, how's a typical non-technical blue collar person gonna see it?

I like the simpler one that just uses income - even though it's less accurate, it gives the big picture.

[Psst_Im_Not_Here]

10. You don't have to fill it all in

Just the parts you know. But, I do agree the other one was more user friendly. However, some found it to be biased. I know, stupid, but, none the less.

[unblock]

9. wow, i'd actually save more under mclame.

"thanks, but no thanks!"