Make Less Than $100,000? Vote for Obama

The NYTimes commissioned an independent study of McCain and Obama’s tax plans:

http://www.nytimes.com/2008/10/31/us/politics/31taxes.html

If you make less than $100,000 (and the plan is implemented), you’ll save more with Obama.  $100,000-250,000 the plans are roughly equal.  More than $250,000 and you’ll save more with McCain.

That’s approximately close to something I read in “Parade” magazine (on the way to the airport) a few weeks ago.

The problem is that while half of America makes less than $50,000, and only 3% of America makes more than $250,000, people think they are richer than they are and that they’ll be taxed, or that they’ll do better than they think and they’ll be taxed (for those that vote based on taxes at least).  And even then, it’s on the margin – maybe you’d be taxed $100 more at $250,000…for those making $500,000, they’d pay 3% more in taxes.  Not 3% on their income, but 3% more.  I’m not sure what the fuss is for 99% of Americans…