New tax systems
This is the first comparison that I have seen that you can check out to be sure it is true. Thank you whomever sent this. And this says nothing about stripping of the DoD, appeasement of the terrorists, and loss of US sovereignty under "world citizen" Obama's relinquishment of US rights to the UN and World Court . Nor does it talk of loss of rights in "Fairness Laws" which are only fair to the minority.
2008 PRESIDENTIAL CANDIDATE COMPARISON TALKING POINTS ISSUE JOHN McCAIN BARAK OBAMA Favors new drilling offshore McCain Yes Obama No Will appoint judges who interpret the law not make it McCain Yes Obama No Served in the US Armed Forces McCain Yes Obama No Amount of time served in the US Senate McCain 22 YEARS Obama 173 DAYS Will institute a socialized national health care plan McCain No Obama Yes Supports abortion throughout the pregnancy McCain No Obama Yes Would pull troops out of Iraq immediately McCain No Obama Yes Supports gun ownership rights McCain Yes Obama No Supports homosexual marriage McCain No Obama Yes Proposed programs will mean a huge tax increase McCain No Obama yes Voted against making English the official language McCain No Obama Yes Voted to give Social Security benefits to illegals McCain No Obama Yes CAPITAL GAINS TAX MCCAIN 0% on home sales up to $500,000 per home (couples). McCain does not propose any change in existing home sales income tax. OBAMA 28% on profit from ALL home sales. (How does this affect you? If you sell your home and make a profit, you will pay 28% of your gain on taxes. If you are heading toward retirement and would like to down-size your home or move into a retirement community, 28% of the money you make from your home will go to taxes. This proposal will adversely affect the elderly who are counting on the income from their homes as part of their retirement income.) DIVIDEND TAX MCCAIN 15% (no change) OBAMA 39.6% - (How will this affect you? If you have any money invested in stock market, IRA, mutual funds, college funds, life insurance, retirement accounts, or anything that pays or reinvests dividends, you will now be paying nearly 40% of the money earned on taxes if Obama becomes president. The experts predict that 'Higher tax rates on dividends and capital gains would crash the stock market, yet do absolutely nothing to cut the deficit.') INCOME TAX MCCAIN (no changes) Single making 30K - tax $4,500 Single making 50K - tax $12,500 Single making 75K - tax $18,750 Married making 60K- tax $9,000 Married making 75K - tax $18,750 Married making 125K - tax $31,250 OBAMA (reversion to pre-Bush tax cuts) Single making 30K - tax $8,400 Single making 50K - tax $14,000 Single making 75K - tax $23,250 Married making 60K - tax $16,800 Married making 75K - tax $21,000 Married making 125K - tax $38,750 Under Obama, your taxes could almost double! INHERITANCE TAX MCCAIN - 0% (No change, Bush repealed this tax) OBAMA Restore the inheritance tax Many families have lost businesses, farms, ranches, and homes that have been in their families for generations because they could not afford the inheritance tax. Those willing their assets to loved ones will only lose them to these taxes. NEW TAXES PROPOSED BY OBAMA New government taxes proposed on homes that are more than 2400 square feet. New gasoline taxes (as if gas weren't high enough already) New taxes on natural resources consumption (heating gas, water, electricity) New taxes on retirement accounts, and last but not least....New taxes to pay for socialized medicine so we can receive the same level of medical care as other third-world countries!!! You can verify the above at the following web sites: http://money.cnn.com/news/specials/e...008/index.html http://www.cnn.com/ELECTION/2008/iss...ues.taxes.html http://elections.foxnews.com/?s=proposed+taxes http://bulletin.aarp.org/yourworld/p..._on_taxes.html http://blog.washingtonpost.com/fact-.../barack_obama/ http://blog.washingtonpost.com/fact-...s/john_mccain/ |
All times are GMT -5. The time now is 11:47 AM. |
Powered by vBulletin® Version 3.6.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.