There’s been so much back and forth, misinformation, confusion politics over the tax cut policies of each candidate that I’m not sure how any lay person can keep it straight. Fortunately, some nice person(s) via AlchemyToday.com created ObamaTaxCut. Head over there, plug in your info (filing status, number of dependents, approx. adjusted gross income) and out spits your estimated tax cut under the Obama plan. All numbers are based on information from the Tax Policy Center. In my house, we make under $250k, so we’re eligible for an Obama tax cut, to the tune of about $2,444. Not bad at all.
Note: If you know of a similar site for the McCain tax program, please send it along.