McCain wants to preserve almost all the Bush tax cuts, and add to them by cutting taxes on corporations. Obama wants to roll back the high-end Bush tax cuts -- the cuts in tax rates on the top two income brackets and the cuts in tax rates on income from dividends and capital gains -- and use some of that money to reduce taxes lower down the scale. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.