Pure Regurgitation!

Just moving this to its proper home.... you may have already seen this at the Bullshit blog. But I've got to keep organized!!!

Here, as copied from the Brookings Institutions Aug. 15th updated analysis of the candidates economic tax plans- see the trend? The chart shows how much after-tax income will likely go up by income category under each candidates tax plan. This isn't so much about politics as bank! The high bars on the right are the top 1% and .01 percent under McCain's plan. The blue bars on the left show the income increase for the rest of us under Obama's plan. (Click on the graph for a better view) The richest of the rich have been getting disproportionate tax breaks since Reagan (even Clinton didn't stop that trend). McCain wants to continue that trend. For all reading this blog in the middle income "Quintiles" (I love new words) mostly #2 and #3 Obama is trying to help. And I know a few of those #5 quintile top earners who see the wisdom of Obama's plans for our future. We will be the first generation not to afford the "american dream" and do better financially than our parents if trends continue (and they usually do if you do nothing but the same). No! Re-adjusting the taxes on the highest wage earners back to reasonable 1980 levels after decades of disproportionate tax breaks will not mean the end of this country. Obama and Biden are more likely to take less money out of your pocket than the other guy– and they are more likely to do better things with what they do take creating a better environment for us all to make, and keep, more money. Follow the money. Period.