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(KSL News) Both presidential candidates have promised to cut our taxes. Now, a new analysis shows under which candidate you'll save more.
According to the non-partisan group Tax Policy Center, those who make less than $19,000 will save $567 under Barack Obama's plan. Under John McCain's, they'll save $21.
Those in the next bracket, just more than $37,000 will save significantly more under Obama than McCain. The same holds true in the next bracket of those making up to $66,000.
In the middle brackets, up to $111,000, Obama's plan still saves taxpayers about $300. Then, it's those making up to $227,000, where McCain's plan would save $4,400 to Obama's $2,700.
Finally, in the top brackets, those who earn up to $603,000, Obama's plan would actually cost taxpayers $121 compared to McCain's savings of $8,100.
If you're fortunate enough to make close to $3 million dollars, McCain will save you about $300,000.
The analysis also shows both candidates' proposals would significantly increase the national debt.
To view the Tax Policy Center's full report, click the related link.
