Mr. & Mrs. McCain Would Reap $373,429 From McCain Tax Plan

Posted by Amanda Terkel, Think Progress at 9:43 AM on June 20, 2008.

The Arizona couple would only save $5,641 under Obama.

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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: [View table.]

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

Tagged as: economy, obama, mccain, taxes

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