If you needed another reason to vote for Barack Obama, you can calculate your expected tax cut in the proposed Obama plan at www.obamataxcut.com. Keep in mind that presidents can't cut taxes. They can provide direction for congress and in the past, that direction has typically made its way into (or out of) our wallets. At a minimum, this gives us insight into the priorities and allegiances of each candidate.

The Tax Policy Center has provided a comparison of the tax plans.

Finally, I've included a summary chart that shows the distribution of tax cuts over the tax base. It paints a clear picture of our 2 options. You should also notice that McCain has no increases to go with his cuts, so it is a huge net loss in tax revenue during a time when debt has already run a muck. Obama's plan provides tax relief for 95% of Americans while also limiting the amount of added debt by raising taxes on the wealthiest of the wealthy. Both plans are likely to increase our deficit unless they have a complement of spending cuts.