McCain v Obama: who pays

Both candidates have put out their tax plans. It is informative to look at an analysis of them. Here is a good one, courtesy of The Wall Street Journal. The core of its conclusion:

Under Mr. Obama’s plan, the income for the top 1% would decline by an average of 9%. The incomes of the top tenth of 1% would shrink by more than 10%. Under Mr. McCain, incomes for the top 1% would grow by 3%. The top tenth of 1% do best — with more than 4% growth in incomes.

And:

It’s unlikely either plan will be implemented as is. But one thing is clear: Mr. Obama sees taxes as a way to ease inequality, while Mr. McCain sees them as a way to encourage economic growth by helping the top.

What is more revealing, perhaps, is to read the long trail of reader comments at the bottom.