In just a few days, Americans will be deciding the future path of the country.  One of most important issues of many Americans is how will the John McCain and Barack Obama tax plans affect them personally.  That answer may be the determining factor of who is elected commander-in-chief.

Almost all of the federal tax cuts enacted since 2001, expire in 2010. AMT (Alternative Minimum Tax) may end up hitting millions of middle class Americans.  Both of the candidates are proposing major tax changes, but each will have a dramatically different effect on each taxpayer and on the country as a whole.

Senator Barrack Obama’s tax plan calls for giving large tax breaks to middle and lower class Americans, while raising taxes significantly to those of upper-income earners.  John McCain’s plan calls for providing little relief to those at the bottom, while providing huge tax cuts to households at the very top.

In reviewing the two plans, Obama’s tax plans appears to be a conventional Democratic tax plan. It calls for cutting the middle class and lower class taxes (initially $1000 in 2009 while John McCain’s plan would provide $300 in tax relief), at the cost of raising the national debt by a staggering #3.3 trillion over the next ten years. However, the proposed plan raises some question about the ability to raise enough revenue to cover the plan.  Preliminary analysis has been unable to verify $900 billion of the revenue identified in his plan

McCain’s tax plan is as Repubican and Obama’s is Democratic. The top 20% of taxpayers get a 3% reduction in after-tax income in 2009, while the lowest-earning 60% would get less than 1%.

Obama Addresses the Nation!

Barack Obama addressed the nation live on prime-time TV. His presentation was both matter of fact and inspiration.

In this heart-felt infomercial Obama brings real Americans into your living room to share their unfortunate circumstances caused by the recent economic downturn.

Obama has a two part one. One to address immediate national concerns, and the other is long term solutions.

Short Term

• Savings Families From Foreclosure
• Support Small Businesses
• Middle Class Relief
• Health Care Report
• Support for our Seniors

Long Term

• Energy Independence
• Auto company support
• Tax Reform
• Iraq Solution

Click on the link below for the complete infomercial

Obama Infomercial – American Stories, American Solutions

Barack Obama took America by storm tonight. His $3,000,000,000 infomercial may have signaled the end of John McCain’s dream to become Commander-In_Chief of the United States of America.

Obama’s charisma, looks and passion were evident in his 30 minute, prime-time pitch, of why he should be the next president.  His “top-seller” certainly has put the pressure on McCain.  And with only a few days, it may be too late for McCain and his supporters.

I would have loved to be a “fly on the wall”, where ever John McCain was at the time of Obama’s speech. I can even imagine what he was thinking.

It’s unfortunate that a person’s public perception overshadows, hides or even exaggerates what someone is all about. Not to say that Obama represents any of those notions, but Americans are in love with appearance – and Obama’s got it!

Barack’s speech was aimed at showing how he empathizes with the American middle and lower class Americas. Without any reference to his opponent, he painted a picture of how the middle class is taking the punishment of the economic downturn and decisions made by the current Administration. Obama used personal stories of struggling Americans to prove his point that it’s time for a change – time for completely new approach to making America great again. And doing it not by trickle down economics, but a shift in perception that it’s the middle class that makes this country what it is.

Obama talked about how his mom, who fought a battle with breast cancer, dealt with the difficulties she had with her insurance company. The reference was aimed to help viewers understand why his health care reform program is what it is.

Tonight, John McCain seemed a distant memory.  However he talked emphatically how the infomercial was excessive. He pointed out the fact that the infomercial bumped back the World Series on Fox by 15 minutes. “No one will delay the World Series with an infomercial when I’m president,” he said, in Hershey, Pa.

Obama and his advisers shrugged it off.  They made the point that many Americans have over 150 channels and therefore, plenty of other choices.  Or they could play video games.

Is there still a chance for John McCain?  As a true American hero, you can never count him out.  He is a fighter, and he’s been down before.  Whatever the outcome of the election, John McCain is a true America hero, who fought for our freedom and endured capture and torture at the hands of our enemies. Even if John McCain loses – he is still a winner – and a true American – as American as you can get!