Obama-Biden Campaign Unveils Tax Calculator

Brad Haynes reports on the presidential race. Playing offense on a favorite Republican attack issue, Barack Obama is offering voters a sneak peek at their share of his proposed tax cuts. Just punch in your income, marital status and a couple of key details, and the “ Obama-Biden Tax Calculator ” spits out the estimated tax cut that the Democratic ticket is promising you. Single and making $60,000? The calculator has a $500 check with your name on it. Filing jointly with two kids and $100,000 of family income? $1,000 is on the way, according to the calculator. The new Web gadget is meant to highlight Obama’s proposed middle class tax cut, which would reduce taxes for 95% of working families, according to the campaign. But punch in an income above $250,000 and the tool says, “You will probably not get a tax cuts under the Obama-Biden plan” –and zero mention of the tax increase planned for the wealthiest taxpayers. The McCain campaign calls the gadget deceptive for leaving out mention ... (link)