Obama's tax plan and what it means

Don't forget these are the marginal rates of his tax plan, not the full or absolute rates. It looks like it is going to be a lot more difficult making $40K a year and trying to make $100K a year in a couple of years. Admittedly, I imagine that some of the money that he is planning on spending is going to help those in the lower tax bracket , I hope.

Conservatives don't realize how high marginal rates are on the group of people making in the neighborhood of $30K. What I mean is that if you're making $25K a year with kids, you qualify for certain handouts (e.g. Medicaid, food stamps, etc.), that you don't when you get a promotion and make $35K. It's probably pretty common to come out behind when all is said and done when crossing the threshold (whatever the magical threshold is this year). Of course there is a simple solution, tax not just on salary but benefits too. Or maybe just spending all around.

I would like to see what McCain's tax plan looks like in this format. I imagine it's "lower". But, I have no idea how he's going to convince a democratic congress to decrease spending on anything other then the military. Which wouldn't be horrible.