Oh, the twisted path I trod to reach this one. Yesterday I checked out Bent Corner, as I do most days, and saw this post, a Barack Obama video. In the comments section, fellow Bent Corner regular Jesse Jace posted a link to a graph comparing the proposed tax plans of John McCain and Barack Obama.
Okay, so maybe it wasn’t such a twisted path I trod. But is that a shocking chart or what? McCain can brag that he at least won’t raise taxes on anyone, but he’ll also give the biggest cut to the richest people, who also comprise the tiniest portion of the population. Obama, on the other hand, has a bigger maximum tax cut, and gives it to the poorest people, who actually need it and whom make up a much larger chunk of America than the super-rich.
If you’re in the top 0.9 percent, Obama would raise your taxes 8.7%. If you’re in the top 0.1% — that’s $2,870,000 or more annual income — Obama would jack your tax rate up 11.5%. I have no problem with this. If I were making $2,870,000 a year, I still wouldn’t have a problem with it, because I could fucking afford it.
My darling Ashley would get a 2.4% tax cut under Obama’s plan, compared to a 0.7% cut from McCain, who saves his 2.5% cut for those making between $111,000 and $160,000 a year.
What’s up with that, John? Haven’t I always been cool to you? What’s your beef with my girl?