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October 15, 2008
Economists Rate the McCain and Obama Tax Plans
The Economist surveyed 142 academic economists (46% Democrats, 10% Republicans, and 44% Independents) on the tax plans of the presidential candidates (The Economist's Poll of Economists: Examining the Candidates). 66.9% of the economists rated the McCain tax plan as bad or very bad; 14.3% rated it good or very good. 22.2% of the economists rated the Obama tax plan as bad or very bad; 39.7% rated it good or very good.
The survey was conducted in late September (before the candidates new tax plans announced yesterday). See the full data here. (Hat Tip: Debby Geier.)
October 15, 2008 in Political News | Permalink
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Comments
Economists are supposed to be statisticians. How then can a magazine called The Economist put its name on a survey with 46% Democrats and only 10% Republicans and expect anybody to see it as anything other than a joke.
Posted by: | Oct 16, 2008 9:58:53 AM
Obama's tax plan will destroy the Social Security system.
Obama says his income tax plan will lower taxes for 95% of Americans. There is just one problem with this, 40% of Americans already pay no income tax. Obama's response to this is that these people pay Social Security tax. Well, that's not income tax, but a contribution to their retirement plan. So if he wins and implements his tax plan, for the first time in the history of Social Security, 40% of the people who will get retirement benefits will have paid nothing for them. Social Security will then loose all pretext of being a retirement plan, and will become a national welfare program.
This will cause Social Security to lose public support in a massive way. Leave Social Security contributions out of income tax plans. If you take some peoples income taxes to pay others Social Security taxes, Social Security will be destroyed forever.
http://strategicthought-charles77.blogspot.com/2008/10/obamas-tax-plan-will-destroy-social.html
Posted by: charles | Oct 22, 2008 2:27:12 PM
you should really just use the independent's data. they have them broken out on this page:
http://www.economist.com/ecsurvey/
i'll give you the sneak peek tho:
mccain
1 - 17.5%
2 - 38.6%
3 - 22.8%
4 - 17.5%
5 - 0%
obama
1 - 5.4%
2 - 25.4%
3 - 36.3%
4 - 21.8%
5 - 9.1%
or, basically:
67% of the independent economists scored obama's plan a 3 or higher.
40% of the independent economists scored obama's plan a 3 or higher.
m3mnoch.
Posted by: m3mnoch | Oct 23, 2008 11:07:10 AM
The fact the economy is a worry on everyones mind should we really trust what the canidates are telling us about their tax policies. Hanlon has been bashing McCain for the last couple weeks but now he starts an attack on Obama's tax plan. It also has links to a tax caluclator that would show you how much your family would be effected. Interesting read.
http://www.greenfaucet.com/hanlons-pub/dueling-obama-tax-calculators/91256
Posted by: bruce mace | Oct 30, 2008 4:47:19 PM
