By GottaLaff
In a new Center for American Progress Action Fund analysis, Michael Ettlinger documents how much the presidential candidates stand to personally benefit from the McCain and Obama tax proposals. The McCains — who report an annual income of over $6 million — would receive well over $300,000 from John McCain’s tax plan. By contrast, both the Obamas and McCains would receive a substantial, albeit much smaller, savings under Obama’s tax plan:
John and Cindy McCain | Barack and Michelle Obama | |
Savings Under McCain Tax Plan | $373,429 | $49,329 |
Savings Under Obama Tax Plan | $5,641 | $6,124 |
And please, please check out all the gory details, including how the McCain and Obama households fared under the Bush tax cuts.
Stay tuned. Another John and Cindy McWealthy post coming right up!