This is pretty handy, in terms of cutting through the misinformation campaign by the McCain camp in trying to argue that Obama will raise taxes on the middle class: a tax cut calculator.
According to our family data, we will save $1000 on our taxes under Obama’s plan, and $645 under McCain’s. Plus, I also would be eligible for a 50% tax credit (up to $1000) for retirement savings, and I can withdraw up to 15% of the money in my IRAs/401Ks without penalty in case we run into a budget crunch or some other emergency. The best part is the health plan – under McCain’s proposal we would be taxed on our premiums (which are via my wife’s employer, and cost well over $10,000) whereas under Obama we see no change. I’m not a big shot like that plumber guy, so these savings are pretty significant to my bottom line.
I would like to see a similar calculator on McCain’s website so I can see if the estimate of the savings holds true from the other end or not. However, if the estimate is accurate, then it’s likely that the McCain campaign would not want to put a similar calculator on their site as the vast majority (95%) of people would indeed see directly how their taxes would be higher under McCain than Obama.
the 12th Annual Brass Crescent Awards - nominations open It's that time of the year again!
What are the Brass Crescent Awards? Created in 2004 by Shahed Amanullah and Aziz Poonawalla, they are named for the Story of the City of Brass in the Thousand and One Nights. Today, the Brass Crescent - ...
Eid at the State Department I am honored to be invited to celebrate Eid al Fitr at the State Department again this year. And I am relieved that this time, it's actually taking place after Ramadan, which means I can actually attend for the first time! :) I am looking ...
The Empire State goes green for Eid As is tradition, the Empire State Building - the most beautiful skyscraper in the world - was illuminated in green to mark Eid al Fitr. Of course, in 2015, this is announced via the official twitter account ...
Ramadan Pearls roundup Here is a link to all the posts in the Ramadan Pearls series I did during Ramadan:
I hope you enjoyed these nuggets of wisdom as much as ...
City of Brass by Aziz Poonawalla approaches issues from the perspective of a Muslim of the West. Aziz, a member of the Dawoodi Bohra Muslim community, has been blogging since early 2003 and co-founded the Brass Crescent Awards for the muslim blogsphere.