Have you read your Sunday newspaper yet? Does your newspaper provide PARADE Magazine as an insert?
Well, guess what is the featured section of today's publication (other than the Christian Slater cover piece)? Taxes! With an easy side by side comparison of Obama and McCain's proposed tax plans.
PARADE is a national Sunday newspaper magazine, distributed in more than 400 newspapers in the United States. The most widely read magazine in America, PARADE has a circulation of 32 million and a readership of 71 million. (Crains New York).
I was really struck by the presence of this tax information in PARADE. I kept looking for something that showed me the article was paid for by the Barack Obama campaign, but nope, the credit all goes to PARADE's staff.
I mean, think about the audience reading this information, in their jammies, sipping their coffee, with the Sunday paper spread out before them. I can see my parents, in-laws, aunts and uncles reading today's PARADE and learning something.
Here, in black and white, in a magazine they grew up with (the magazine was founded in 1941), is stark information about how much money the majority of Americans will save if they elect Barack Obama for president.
Here's the link to the PARADE magazine website to read the tax comparison grid, courtesy of the Tax Policy Center.
It's information that we kossacks are already familiar with, but possibly not the information that the Independents or Republicans who get all their information from Fox News would be aware of.
I am so happy to see the conservative filter of news broken with this tax information in PARADE magazine.
Also, at the link to the tax article at PARADE, it's super easy to copy/paste the article/grid into a handy dandy e-mail to send out to your family and friends.
The tax comparison grid is really well laid out (and I won't show it here due to copyright issues) but here's the final paragraph from the site:
If your annual salary is less than $112,000, you’d pay less in taxes under Obama’s plan; if your salary is higher, McCain would cut your taxes more. "While the aggregate tax cut is bigger for McCain, a larger number of voters get more money under Obama," says Alan Viard, a tax-policy expert at the conservative American Enterprise Institute. "Obama is choosing to emphasize tax cuts for the middle class, whereas McCain’s strategy is to keep rates lower at the top as a way to facilitate long-run growth." For example, a person with an income of $1 million could see his taxes increase under Obama by as much as $94,000, whereas under McCain’s plan he could save about $48,000.