Your tax calculator under Presidential candidate plans

[Riot]

Originally Posted by Clip-Clop

Because the tax code is complex, the calculator makes a number of simplifying assumptions that may differ from the circumstances of any particular user. It assumes all income is from wages. For married filers, it assumes that income is split evenly between two earners. It assumes that income does not vary over the years analyzed. It assumes that taxpayers claim the standard deduction for the purpose of analyzing the impact of the expiration of the middle class tax cuts. The impact of Mitt Romney’s tax plan is based on an analysis by the nonpartisan Tax Policy Center, which determines the tax increase or tax cut the average family in each income group would face if Romney paid for his $5 trillion tax plan by cutting tax benefits. The analysis assumes that Romney eliminates all tax benefits, except those for savings and investment, for households earning over $200,000, and reduces those benefits for households earning under $200,000 to cover the rest of the cost – resulting in a reduction by more than half. The Tax Policy Center uses income thresholds based on “cash income”, a measure broader than AGI commonly used by TPC. The calculator is intended for information purposes only.

Clearly this is the best example of how Obama is protecting us from higher taxes.

Your taxes are at a 40-year historic low due to Obama. You're pretending differently doesn't make that untrue.

You've completely failed to point out why any of this is wrong. Your first highlight - why would you not want all income to be from wages? Is your own capital gains income greater than your wages? Doubt it.

The Romney Budget Plan is available on his campaign web site. His Budget Plan has been analyzed in detail by multiple objective sources which are publicly available to you at the click of a mouse.

All agree that the Romney Budget Plan financially harms the middle class and poor by increasing their taxes, while providing major tax cuts to the wealthiest, and increasing the deficit by trillions over the years.

Romney Budget Plan, according to objective analysts:
1. Massive middle and lower tax income tax increase
2. Major tax cuts to wealthiest individuals
3. Increases federal debt by trillions over years

Do you have any information to show this somehow magically isn't true, and all the analysts are wrong? Or is your only reply, "Obama sucks!"