Two candidates Tax Plans - better numbers?

Two comments that meet your criteria:

Perhaps each political party should provide free tax predictor game software, just enter your AGI and see if you can guess the result? The player who guesses closest, wins! ;-)

-Mark Bole

Nobody is asking for them to.

Right now, the Tax Tables have a small number of brackets and rates. Each candidate's plan uses different ones. What are they?

(Yes, the relative amount of earned income, Capital Gains (of various types), dividends, etc. will affect the overall taxes owed differently under the different plans. That's acknowledged. But it doesn't prevent the question from being answered, say under the assumption that all income is earned.)

Seth

If you already know that these brackets exist, why are you asking? I suspect it's because you assume there's that level of specificity in the candidates' proposals, not because you've seen it.

For reasons noted before I've paid scant attention to the campaign babble about taxes. The one general thing I vaguely recall about individual income tax rates is that Obama would restore the higher rates eliminated by the "Bush tax cuts" which capped it at 35%. I've also heard rumblings about $200,000 and $250,000 from both sides, but except for filing status MFS even $250,000 of taxable income is only in the current 33% bracket, so I don't know what they were talking about other than Joe the Plumber. I believe McCain is also proposing cutting the corporate rate.

Beyond that affiant sayeth nothing.

Here's a really detailed analysis of the effect of each plan on marginal tax rates:

I certainly didn't read the whole thing, but skimmed it concentrating on the conclusion and the appendix, where the "good stuff" is, such as how forecasting and modeling was handled.

The whole analysis is primarily concerned with wage income earners.

There is also the issue of credits. Some folks actually consider credits not received as part of their tax rate. IMO, kind of like considering unemployment compensation not received as a reduction in your wages.

-Mark Bole

I believe they exist, because that's the way to specify taxes.

That's correct. If their proposals are only at the level of "I want to lower taxes" there wouldn't have been "independent" analyses of who would be affected how much.

Seth