Using the enclosed graphs, help explain taxes to the talk-radio-information voters.

ColbertWatcher

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Fri Oct-17-08 12:53 AM
Original message

Using the enclosed graphs, help explain taxes to the talk-radio-information voters.

Here is the side-by-side comparison of Obama and McCain's tax plans.

And a blank pie chart to help explain "Joe" the "plumber's" particular situation.

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tblue

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Fri Oct-17-08 01:33 AM
Response to Original message

1. K&R! Viral this thing!

Also,could you pls state your source page? Is it the one in teeny tiny fine print? (Sorry, it's late and my eyes have gone to bed.)

Thanks. Very important post!

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ColbertWatcher

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Fri Oct-17-08 02:43 AM
Response to Reply #1

3. Source page for both.

The first image, originally came from: ?=0">Created by Viveka Weiley, found at: http://chartjunk.karmanaut.com/taxplans/">ChartJunk.Karmanaut.com.

Also, there is a http://chartjunk.karmanaut.com/images/taxplans.pdf">PDF version.

The second one, I just drew up so people could use it to explain taxes. This one I can add text to.

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LiberalHeart

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Fri Oct-17-08 02:32 AM
Response to Original message

2. I think we should tell them McC's plan is red and Obama's is blue.

I dont know what to say about the green stuff, though.

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ColbertWatcher

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Fri Oct-17-08 02:47 AM
Response to Reply #2

4. LOL!

I was thinking more along the lines like:

The entire circle is how much money is made by business.

The green part is how much of what is made is spent on expenses to run the business--I know it's off--like paying the employees, rent on the property where the business is, tools, utilities, etc.

The blue portion is the $250,000 profit, which would be taxed 36% under Obama's plan.

The red portion is the amount above $250,000 (the $30,000?) which would then be taxed 39%.

Something like that.

I can redraw it more to scale and add text, or someone else can post their own version.

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LiberalHeart

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Fri Oct-17-08 02:49 AM
Response to Reply #4

5. Factor this in: There's no company building. It's the owner's residence.

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ColbertWatcher

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Fri Oct-17-08 02:52 AM
Response to Reply #5

6. Well, I don't know if that would work for Joe's situation.

Wouldn't that kind of business have to have a place to store stuff?

Although, the profit is almost 25%, so maybe it already does!

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LiberalHeart

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Fri Oct-17-08 02:55 AM
Response to Reply #6

7. The business address comes back to a residence. Honest.

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ColbertWatcher

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Fri Oct-17-08 02:57 AM
Response to Reply #7

8. Okay, it should still work then.

I'm hoping DU's tax experts can come on and correct me.

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ColbertWatcher

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Fri Oct-17-08 06:17 AM
Response to Original message

9. Friday morning kick! n/t

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