Where will taxes go after 2008
Written by Michael Vass
Death and taxes. The 2 things that everyone is guaranteed to encounter in life, as the saying goes. There isn’t anything anyone can do about the first, science fiction plots aside. But there is a lot that can happen with the first.
Presidential candidates know it. In fact they count on it. They discuss how little they raised taxes as governors and mayors, or how they offered tax cuts in Congress. They point out the flaws in each others plans, and make accusations of how much taxes will really be under an opponents plan. And they spar over the historical images their respective parties have on taxes.
But for all the mumbo jumbo, campaign promises (Do you recall “Read my lips – No new taxes!”), and half-formed tax plans and proposals there continues to exist taxes. I have yet to see anyone that agrees with how much they pay, regardless of how much they make, so no one has got it right yet.
This is a big deal. A bad plan, or the impression of such, can sink a candidate faster than almost any other issue. Thus I’m happy to present a site that has the tax plans of the candidates’ to-date. They promise to update the list as often as information is provided.
Now you cannot say you didn’t know they were going to raise taxes, or remove that plan. And if this is the deciding factor between candidate X or Y, I’m glad to have been of some help.
Oh by the way, the site is not a blogger or some guy doing a best efforts attempt. It’s the Tax Policy Center Urban Institute and Brookings Institution.
Just click the link for the list – 2008 Presidential Candidates’ Tax Proposals
admin @ October 12, 2007