Democratic Presidential Candidates Comparison on Taxes

• Obama wants to allow the Bush tax cuts of 2001 and 2003 to expire as scheduled
for Americans earning more than $250,000 a year. 

• He would raise taxes on capital gains and dividends and give tax breaks for
low and middle-income Americans.

• He proposes a $500 per person or $1,000 per family payroll tax credit for
middle class taxpayers.

• Obama opposed the suspension of the federal gas tax during the 2008 summer.

• He supports a universal mortgage tax credit of 10 percent. 

• Obama advocates the elimination of income taxes for seniors making less than
$50,000 and would simplify their tax filing process.

• He wants to close corporate tax loopholes and end deductions for industries
such as oil and gas.

• He plans to introduce tax penalties for US companies that keep their profits
overseas.

Compare ALL the Presidential Candidates on Taxes

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Nationwide Democratic Poll May 23, 2008
Hillary		40.5%
Barack		52.2%
Average based on 8 major news agencies polling nationwide from May15 to May 22

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