A Project of The Annenberg Public Policy Center

$42,000 a year

McCain has claimed yet again that Sen. Obama “voted twice for a budget resolution to increase taxes on individuals making $42,000 a year.” As we’ve reported, a single taxpayer making more than $41,500 would have seen a tax increase, but a couple filing jointly would have seen no increase unless they made at least $83,000, and for a couple with two children the cut-off would have been $90,000. Regardless, the increase that Obama once supported as part of a Democratic budget bill is not part of his current tax plan.