Obama or Romney? Which Tax Plan is Best for You?

By now, voters have heard plenty of rhetoric from both presidential candidates and both parties. But, it’s no secret that voters cast their ballots with their wallets as much as anything.

Both President Obama and Mitt Romney have very different ideas on how to jump-start the economy. The website politify.com has devised an algorithm to help voters decide how each candidates’ plan will affect them.

You can find out by clicking HERE and putting in your data.

Obama has said he plans on raising taxes on high earners and ease the burden on middle income families.

Gov. Romney has said he plans on cutting taxes across the board by 20 percent of their current rates. But Romney has also made clear his intention of closing tax loopholes like the Earned Income Tax Credit and Mortgage Credit. So, while many might see their taxes rates go down, that could be offset by the loss of tax credits.

If you are concerned about which plan will bring down the debt you can find that out by clicking HERE.

Election Day is Tuesday, Nov. 6.