- Days left
Obama Romney Taxes
By Gregory Ferenstein


How much cash would you have in your pocket if Barack Obama were elected? Two Berkeley students have created a fun web app, Politify, that you lets you find out how each candidate would affect your pocketbook, based on your age, income, and number of dependents. Politify's predictions are based off of non-partisan economic models of each candidate's proposed tax plans. Users can also see the impact on their neighborhood, city, or the whole country.

The inviting user interface is enough to make up for the fact that the economic implications of an election are nearly impossible to predict and the fact that Mitt Romney has infamously refused to reveal details about his tax plan. The app also can't tell users how likely they are to lose their job, the impact of healthcare costs, depreciation of the dollar, costs of foreign wars, or any of the indirect costs associated with different fiscal policies.

Still, it's a fun app. Play it here.

This story originally was originally published by TechCrunch.



See more on TechCrunch:
Another Piece in Twitter's Money Puzzle
MilkTape: $15 for 128MB USB Drive Disguised as a Cassette Tape
Google Starts Pre-Approving More Google+ Vanity URLs

Increase your money and finance knowledge from home

Goal Setting

Want to succeed? Then you need goals!

View Course »

How to Buy a Car

How to get the best deal and buy a car with confidence.

View Course »

TurboTax Articles

What Are the Tax Penalties for Smokers?

Starting in 2014, the Individual Shared Responsibility provision of the Affordable Care Act made you responsible for having minimum essential coverage, or MEC, in health insurance. Otherwise, you need to be eligible for a health care exemption, or you could pay a penalty when filing your income tax return. This requirement for minimum essential coverage applies to smokers and nonsmokers alike. If you're not covered by an employer's health plan and are a smoker, you can go to the health care marketplace to find MEC. If you're still unable to comply, you may have a penalty applied.

A Brief History of Income Taxes

Did you know President Abraham Lincoln, one of America's most beloved leaders, also instituted one of its least liked obligations - the income tax? In this brief history of taxes, see the historical events which shaped income taxes in the United States today.

How to Itemize Taxes When Claiming Dependents

Claiming dependents and itemizing deductions is an effective way to save money on your income taxes. Each dependent you claim allows you to reduce your taxable income by one exemption. Get a step-by-step overview on how to take advantage of itemizing your taxes when claiming dependents in this article on tax tips.

Add a Comment

*0 / 3000 Character Maximum

216 Comments

Filter by:
Chris

OBAMA

September 02 2012 at 2:48 PM Report abuse rate up rate down Reply
Adele

http://thinkprogress.org/election/2012/08/24/739271/seniors-will-pay-60000-more-for-medicare-under-romneyryans-plan-report-finds/

REPORT: Seniors Will Pay $60,000 More For Medicare Under Romney/Ryan Plan
By Igor Volsky on Aug 24, 2012 at 9:53 am

August 26 2012 at 6:42 PM Report abuse +2 rate up rate down Reply
Adele

REPORT: Seniors Will Pay $60,000 More For Medicare Under Romney/Ryan Plan
By Igor Volsky on Aug 24, 2012 at 9:53 am

August 26 2012 at 6:38 PM Report abuse +1 rate up rate down Reply
1 reply to Adele's comment
Chris

I AGREE WITH YOU, ADELE

September 02 2012 at 2:51 PM Report abuse rate up rate down Reply
democracks0

Obamas a fiasco

August 26 2012 at 2:51 PM Report abuse -3 rate up rate down Reply
democracks0

GladObamawillbegonein2012

August 26 2012 at 2:49 PM Report abuse -3 rate up rate down Reply
granaryst

Obama is not trying to make us into a Socialist Nation like the Europeans, but like the Mexicans. The richest man in the world is a Mexican and he controls the Mexican government through bribes and intimidation. Therefore he is in effect the Mexican people's slave master. Socialism promises equal distribution of wealth but delivers poverty for all but the ruling elite. Get it?

August 26 2012 at 5:55 AM Report abuse -2 rate up rate down Reply
mrspelosi

I know I have been richer under President Obama because he gave rich people like me a tax cut. And let us not forget all my insider trading too darlings

August 25 2012 at 3:51 PM Report abuse -1 rate up rate down Reply
ha6ai

Everyone will be poorer with Obama, and richer with Romney.

More importantly, we will all be much freer, and preserve our liberlties and "inalienable rights", with Romney.

August 25 2012 at 2:25 AM Report abuse -1 rate up rate down Reply
democracks0

Joe Biden would have used the word see Y'all later. He learned that from Hillary and Al Gore when they did their preacher stunts in front of African American audiences. They were embarrassing but not as embarrassing as Maxine Waters said Obama was when he did his preacher stunt in front of the Black Caucus.

Maxine said Obama was inauthentic.

August 24 2012 at 9:10 PM Report abuse -2 rate up rate down Reply
democracks0

Bill Clinton is the perfect example and represents family values. Cheating on his wife in the White House and then lying about it. And poor Chelsey.

And all those other affairs Bill had when he was govenor. tsk tsk.

August 24 2012 at 9:06 PM Report abuse rate up rate down Reply