Re: Re: Re: Re: TPC Looks at the Obama and McCain Tax Plans
by Anonymous
I just ran the numbers on that based on the tax stats for 2005 from the IRS site and just the individual portion would bring in roughly a conservative estimate of additional 135 billion per year, adding in the employer portion would add in another 135 billion for a sum total of 270 billion a year based on 2005 income data. Using 2008 - 2018 income estimates would appear to completely eliminate the budget deficit in Obama's plan.
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