The following article
http://www.npr.org/2012/02/09/146652190/a-comparison-of-candidates-tax-plans
outlines the various tax plans of President Obama and all of the potential Republican candidates. Each plan is divided into individual taxes, corporate taxes, dividends and corporate gains, and impact. The article is very concise and accessible so take a look.
As addressing inequality has emerged as a central theme to the 2012 Presidential election, I think it's important that voters are informed on each candidates' tax plan. What's your take on each candidate's plan or perhaps a single candidate's plan? Are these candidates missing anything important in their plans? Do you think any candidate's plan includes something too outlandish that will hurt their chances at election?
I think Obama is making a smart move here by attempting to lower corporate taxes in order to spur investment, while at the same time giving corporations an incentive to bring their operations back to the US in the form of 20% tax breaks. In theory by doing this Obama is attempting to once again tackle the unemployment rates in the US, while at the same time promoting investment. Its interesting to see how all of the candidates are promoting tax cuts, which is very usual during a presidential race, however the question is how would they handle the reduced budget with all these tax cuts?
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