It is purely coincidence that this is my second day with Oprah mentioned in my post! With that said...
According to VanityFair.com, with Barack Obama as our next President, Oprah Winfrey will have her taxes increased $16+ million, while under a McCain presidency, they would be decreased $9+ million. If I didn't know anything about politics, and I heard this, as a middle class citizen, that would encourage me to lean towards Barack. I have no problem with people making lots of money, but I would much rather they pay more than the middle class pay more. I certainly don't want a president who will make someone, who's salary is $275 million per year, pay $9 million less.
Yet she still thinks he is the one... I would say thats a good example of country first!
Here is the info according to Valnity Fair and the Tax Policy Center:
NAME
INCOME ($)
CHANGE UNDER MCCAIN ($)
CHANGE UNDER OBAMA ($)
Bernice the burger flipper
16,860
-33.72
-893.53
Joe the janitor
22,710
-90.34
-726.72
Mickey the mechanic
38,530
-231.18
-874.66
Jim the real plumber
47,000
-282
-1,034
Rita the registered nurse
62,480
-374.88
-1,374.56
Rachel the real estate broker
79,800
-877.80
-1,277.80
Phil the pharmacist
98,960
-1,088.56
-1,539.50
Barack and John, the U.S. senators
169,300
-3,893.90
-2,539.5
Gary the gynecologist
183,600
-4,222.80
-2,754
Joe the plumber
250,000
-6,000
0
Bob the Division I college football coach
1,000,000
-26,000
+50,000
Bill the right-wing commentator
10 million
-330,000
+610,000
A- the third baseman
34 million
-1,122,000
+2,074,000
Oprah the talk show host
275 million
-9,075,000
+16,775,000
This table estimates the difference, in dollars, that each candidate’s plan will represent in the taxes paid by various individuals in 2009, compared with 2008 levels. It is based solely on estimated wages and does not take into account any deductions or outside income. (N.B.: Both candidates expect to alter rates again after 2010, when the Bush tax cuts are set to expire.)
The entire article can be found at:
vanityfair.com
PoliticalMamma.com