من المؤسف عدم إستطاعة المرء متابعة المقترحات المماثلة فى مسرحنا السياسى المحلى نظرا لإنعدام مثل هذا الوضوح و الـ "إعلام" فى الصحافة المحلية.
Contrary to what is being claimed by the GOP and the media, eg, Mitchell Rofsky's misleading article at the LA Times, the Obama tax plan does not increase taxes on those that earn 250,000 per annum, as the infographic from the Washington Post shows below:

It clearly shows that Obama's plan carries no change at all for households/families in the 22698 - 603402 income bracket. All that earn below that would experience a tax reduction, while only those earning over 603402 would face a tax increase.
I encountered the infographic at Ben Fry's blog.
In a follow-up post Fry points to a modified graphic
that shows that Obama's plan would increase taxes only for the top 0.9% of the population.

By comparison, the perfidy of McCain's plan becomes clear. It really exposes the hack and slave of power that McCain is. His plan reduces taxes for everybody, but crucially, the largest percentage decreases in taxes are for the top 1% of earners (-3 to -4.4% in tax reduction) , whereas the poorest would only experience the magnanimous decrease of 0.2 %. I know a lot of people what this means, but unfortunately many more do not realize what it means: These percentages are nothing to do with the amounts those people will pay, but amounts relative to what they earn. So irrespective of the income, you get -0.2% reduction if you're poor, but if you're rich you get a -3.3% reduction.
By contrast, Obama offers the poorest earners a -5.5% tax reduction.
Leaving aside any sentimentality (let alone ethical imperative!) about which group needs more load off its back, Obama's plan, even to an economic noninitiate like this writer , seems to be the sounder approach to relieving how far down the herculean financial crap shoot to which the GOP (those that lament BIG gvmt the loudest, yet are the most zealous in running a BIG brother public service system) have plunged that Public Service system's budget and trade balances.
---
Meanwhile, I wish I could be informed as clearly and succinctly about the politics of my own country. Alas, discussions of the sort in the local press remain impervious to me , with most of the discourse either devoid of information (the mainstream press) or full of wrongdoings of the ruling party (the opposition press) ranging in scope from emotional press scoop, to National Enquirer style gossip and slander.
- sigh -
No comments:
Post a Comment