I Believe In Paying Taxes...

...but I am curious when the Republican Party became so interested in us all doing so as well? Aren't they the party of 'low taxes'? I am sure the reason that they are having to revert from their prior party line is because of the spending deficit left over from some big-spending Democratic administration...

Um...

Wait...

From rwfranz

Here's the way their proposals break down - in terms of AVERAGE TAX RATE:

Income range:	Obama	McCain
0 - 18,981	-0.7%	4.4%
18982 - 37,595	7.5%	10.2%
37596 - 66,354	14.7%	16.2%
66354 - 111,645	18.4%	18.7%
11646 +	27.3%	23.9%

In the top quintile (the top 20% of tax units), there is further subdivision:

Income range:	Obama	McCain
111,645 - 160,972	21.1%	20.8%
160,973 - 226,918	23.0%	22.1%
226,919 - 603,402	26.5%	24.0%
603,403 - 2,871,682	34.5%	27.0%
2,871,683+	37.4%	28.1%

Which means, in terms of TAX DOLLARS OWED (sample income levels):

Income	Obama	McCain
10,000	-70	440
30,000	750	1020
50,000	7,350	8100
100,000	18,400	18,700
150,000	31,150	31,200
200,000	46,000	44,200
500,000	132,500	120,000
1,000,000	345,000	270,000
5,000,000	374,000	281,000