Banishing The GOP's "Socialist" Boogyman

To suggest that Senator Obama's proposed tax structure falls towards the conservative end of American politics would be a gross understatement. Indeed the maximum marginal tax rate under the Obama plan, 36.9%, is a whopping 13.1 points lower than the marginal tax rate throughout Ronald Reagan's first term. Indeed, only the Wilson, Hoover and Bush Administrations have seen maximum income tax rates lower than those proposed by Senator Obama. Full Story »

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