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Thursday, June 19, 2008

John and Cindy McCain would reap $373,429 if McCain’s tax proposal were enacted.

In a new Center for American Progress Action Fund analysis, Michael Ettlinger documents how much the presidential candidates stand to personally benefit from the McCain and Obama tax proposals. The McCains — who report an annual income of over $6 million — would receive well over $300,000 from John McCain’s tax plan. By contrast, both the Obamas and McCains would receive a substantial, albeit much smaller, savings under Obama’s tax plan:

Check out The Wonk Room for the full details, including how the McCain and Obama households fared under the Bush tax cuts.

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