Wednesday, October 29, 2008

(Check out the table!)
Obama's Tax Plan Could Cost Oprah $25 Million
by Julian Sancton

We’ve all heard the simple versions of the candidates’ tax plans: Obama will be cutting taxes for 95 percent of working Americans, and McCain will be slicing them across the board. But now that this election is turning out to be more about the economy than ever, stupid, we decided to find out what this will mean for all segments of society, not just Joe the Plumber.

The results may surprise you. The average plumber (based on statistics from the Tax Policy Center) can expect to pay $752 less in taxes under Obama than he would under McCain. Meanwhile, we now understand why Bill O’Reilly has been working so hard to defeat the Democrat: he stands to lose $940,000 a year. But what about Oprah Winfrey? The pro-Obama überhost could pay $25 million more if her candidate wins than she would if he lost.

Link to con.

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