Job Creation from the Obama and McCain Tax Plans: A State-by-State Analysis

Job Creation from the Obama and McCain Tax Plans: A State-by-State AnalysisJob Creation from the Obama and McCain Tax Plans: A State-by-State Analysis
by Shanea Watkins, Ph.D.
WebMemo #2105
A recent Heritage Foundation Center for Data Analysis report[1] describes the economic outcomes that can be expected based on the presidential candidates’ proposed tax plans. The outcomes include the effects of these proposed policies on gross domestic product, disposable income, and employment growth over a 10-year period.

The analysis finds that job growth under Senator John McCain’s (R–AZ) plan at the national level is more than two times faster than job growth under Senator Barack Obama’s (D–IL) plan. Table 1 shows the average yearly employment gain that can be expected in each state as a result of McCain’s and Obama’s tax plans.[2]

Obama will tax the very people that created 100% of jobs last year. Large corporations cut jobs last year. Small businesses created 100% of new jobs last year.

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