Friday, August 3, 2012

Obama Tax Calculator Based on Data GOP Calls a 'Joke'

The Obama campaign has posted two interactive tools on its website, the most recent with a banner headline proclaiming " The Romney Tax Hike."

It is an interactive map that claims to show where 158 million Americans "could" face a tax increase to pay for Republican proposals. The math is based on a think-tank report that Republicans reject and one Romney adviser called "a joke."

Get more pure politics at ABC News.com/Politics and a lighter take on the news at OTUSNews.com .

The other tool is an online calculator where there is a space to enter a salary level, filing status and dependents. The page instantly produces comparisons to projected tax savings under Obama policies, past savings in the past four years, and an estimated projection of a tax "increase" under what it says are Romney's proposals.

A disclaimer at the end admits the calculator "makes a number of simplifying assumptions."

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Source: http://news.yahoo.com/obama-campaign-tax-calculator-dismissed-joke-152021412--abc-news-politics.html

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