4 ms·
This seems to be inaccurate compared to the version on obama's site. http://www.barackobama.com/tax-calculator/ http://www.barackobama.com/tax-calculator/
by rio517 14y ago
This seems to be inaccurate compared to the version on obama's site. http://www.barackobama.com/tax-calculator/ http://www.barackobama.com/tax-calculator/
- grandalf 14y agoDoes anyone have an explanation for this? Obviously all talk of future tax policy is partially smoke and mirrors, but mine shows a $4K reduction in favor of Obama on Obama's site and a $16K reduction in favor of Romney on Romney's site.
- mcarvin 14y agoYes. The key assumption in Obama's infographic is that "Romney eliminates all tax benefits, except those for savings and investment". To the best of our knowledge, Romney has only indicated that he will cut the expanded refundability of the Child-Tax Credit, and the earned income tax credit (EITC) - which our analysis includes. Our analysis is based on the publicly available information on their respective plans. We make no 'assumptions' to fill in gaps. We note though that the Romney plan does not address how his proposal will be funded and reference the $2.8 Trillion revenue shortfall his plan creates.