"John and Cindy McCain would reap $373,429 if McCain’s tax proposal were enacted."
In a new Center for American Progress Action Fund analysis, Michael Ettlinger documents how much the presidential candidates stand to personally benefit from the McCain and Obama tax proposals. The McCains — who report an annual income of over $6 million — would receive well over $300,000 from John McCain’s tax plan. By contrast, both the Obamas and McCains would receive a substantial, albeit much smaller, savings under Obama’s tax plan:
|John and Cindy McCain||Barack and Michelle Obama|
|Savings Under McCain Tax Plan||$373,429||$49,329|
|Savings Under Obama Tax Plan||$5,641||$6,124|
Check out The Wonk Room for the full details, including how the McCain and Obama households fared under the Bush tax cuts.