Independent analyses of the presidential candidates’ tax proposals show that those who make less than $250,000 a year would not see their taxes raised under Obama’s plans. Further, Obama would generally cut taxes more than McCain would for households with incomes less than $100,000 a year.
McCain would cut taxes generally on par with Mr. Obama for those making between $100,000 and $250,000 a year, but those making $250,000 a year and above would typically pay less in taxes under McCain.
The analyses were conducted independently by the nonpartisan Tax Policy Center.
Read (New York Times)
Tax Policy Center’s Analysis of the 2008 Presidential Candidates’ Tax Plans Executive Summary (pdf)
Change in Tax Liability Under the Presidential Candidate Tax Plans (Tax Policy Center)
(The 2 plans are nearly even for me.)