I'm not seeing the same numbers from the Tax Policy Center that CNS is. Here is a link to the Tax Policy Center's updated table analyzing Obama's tax plan and its effect on various income brackets.
http://www.taxpolicycenter.org/numbers/displayatab.cfm?Docid=2006&DocTypeID=1 It doesn't directly discuss your first point there (about refunds available to those that don't pay taxes) so I'll have to look into that. It seems to directly refute the second two points though. Judah On Wed, Oct 15, 2008 at 9:19 AM, Sam <[EMAIL PROTECTED]> wrote: > So he will give refunds to people that don't pay taxes. > Robert was right everyone else was wrong. > > http://www.cnsnews.com/public/content/article.aspx?RsrcID=37519 > > -- in short, refunds available even to those who don't pay taxes. > These refunds are claimed on tax returns and are paid to all taxpayers > who qualify for them, regardless of whether they owe taxes or not. > These refunds have the ability of reducing a taxpayer's liability > below zero, meaning they can get a refund without actually paying > taxes. > > .... > When compared with current law, people earning $20,000-$50,000 a year > will see their effective tax rates -- the amount of money the taxpayer > actually ends up paying the government -- increase on average under > Obama's plan, according to Tax Policy Center figures. > > Most households making $30,000-$75,000 will not see a reduction in > their taxes under Obama's plan relative to current law, according to > the Center. In fact, the only strata that will see a majority of its > effective tax burden reduced under Obama are those making less than > $30,000 per year and those making $75,000-$200,000 per year. > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:274604 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
