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Taxes~McCain v Obama |
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Average Joe
Optics Master Joined: April/24/2008 Status: Offline Points: 2178 |
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Posted: August/18/2008 at 10:50 |
http://money.cnn.com/news/
(INTERESTING DATA JUST RECEIVED ON TAXES & PROPOSED CHANGES IN TAXES AFTER 2008 GENERAL ELECTION.) Time to consider your pocketbook: 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 (find your bracket) 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 (reverse all 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 will more than double! How does this affect you? No explanation needed. This is pretty straight forward. INHERITANCE TAX MCCAIN 0% (No change, Bush repealed this tax) OBAMA Restore the inheritance tax How does this affect you? 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 BEING 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!!! Edited by Average Joe - August/18/2008 at 10:55 |
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I'm classic shag nasty type.
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Ed Connelly
Optics Retard God of no Chihuahua Joined: December/16/2007 Location: USA Status: Offline Points: 24225 |
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Yes, but Obama can heal me of the arthritis.....isn't THAT worth something?
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Average Joe
Optics Master Joined: April/24/2008 Status: Offline Points: 2178 |
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Well now that Obama healed you he can tax you more .
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I'm classic shag nasty type.
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Skunk
Optics Journeyman Joined: November/05/2007 Location: France Status: Offline Points: 323 |
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Taxes~McCain v Obama
By Average Joe, Today at 10:50
Why does McCain have to be gay? Or are the taxes gay?
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Let me give you my two scents worth
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Bigdaddy0381
MODERATOR Georgia peach Joined: February/27/2007 Location: Georgia Status: Offline Points: 13682 |
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What do you think about this one ? ? ? The Constitution is the supreme law in the No judge or other governmental body, not even the Supreme Court, may override it in any circumstance!
had something on Obama. A birth certificate is a matter of public record. I wonder where it is. reason it is not on file in THAT WOULD CHANGE THE ELECTION, AND THAT'S WHY SHE ONLY SUSPENDED HER QUEST FOR THE PRESIDENCY. PAY CLOSE ATTENTION TO THE TIME FRAME AS YOU READ THIS. This came from a USNA alumnus. It'll be interesting to see how the media handles this. on the books at the time of his birth, which falls between December 24, 1952, to November 13, 1986. Federal Law states that the office of President requires a person be a natural-born citizen, if the child was not born to two This is what exempts John McCain, though he was born in the US Panama Canal Zone . of one's birth, that parent must have resided in the |
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P&Z Firearms , Pro gun cleanings and gun repair and wood refinishing.
Ecclesiastes 10:2 |
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cyborg
Optics God Gaseous Clay Joined: August/24/2007 Location: North Georgia Status: Offline Points: 12288 |
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HOLY CRAP!!!!! It can't possibly be that simple could it????? I mean really. Would the Dems put all of that into a man that could then so quickly be dismissed????? I hope they were that damned stupid.
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With Freedom comes great responsibility, you cannot have one without the other
An armed public are citizens. A disarmed public are subjects. OATH KEEPER #8233 Support us, and join our cause. Cyborg |
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supertool73
Optics God Superstool Joined: January/03/2008 Status: Offline Points: 11814 |
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That has been going around in an email for a while now. Snopes says it is not true and that he is a citizen, but it would be awesome if it were.
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Lifetime warranty and excellent customer service don't mean a thing when your gun fails during a zombie attack.
"A Liberal is a person who will give away everything they don't own." |
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Bigdaddy0381
MODERATOR Georgia peach Joined: February/27/2007 Location: Georgia Status: Offline Points: 13682 |
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Talk about knocking the wind out of my sail.
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P&Z Firearms , Pro gun cleanings and gun repair and wood refinishing.
Ecclesiastes 10:2 |
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Duce
Optics Master Joined: September/19/2006 Location: United States Status: Offline Points: 1231 |
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This one is old, check www.snopes.com if one is going to defeat an adversary, false tales hurt your cause when found out and people do check now days.
I think we should make a few changes in the way the government pays.
1. A Representative or congressman should not be able to vote on a bill unless he has read the bill. ( not have a lobbyist tell him what is in the bill)
2. He should only be paid in proportion to the number of bills he has voted on, 50 % votes only 50% salary.
3 No gifts or any thing including employment from lobbyist or the corporations that employ them till 5 years after he has left office.
I get the feeling the government has not been paying a lot of attention to my suggestions over the past 70 years but it would be interesting to see the changes if the politicians had to exist like the self employed business man.
Duce
PS Giving money to a politician is like giving a bottle of whiskey to an alcoholic, they will just keep coming back wanting more.
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Duce
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Kickboxer
MODERATOR Moderator Joined: February/13/2008 Status: Offline Points: 23679 |
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Remember what happens when a segment of the population discovers it can "vote" itself out of being taxed and have them imposed upon another segment of the population. Redistribution of wealth is just another form of tyranny.
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Opinion,untempered by fact,is ignorance.
There are some who do not fear death... for they are more afraid of not really living |
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mercenary1947
Optics Master ** Joined: April/02/2006 Location: United States Status: Offline Points: 1392 |
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I'll take any donations of redistribution of wealth anyone wants to deposit in my bank account .... and I don't want any " the check's in the mail " fibs .... LOL
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One Shot One Kill .... *S.O.F * Head Shots Only
SWFAM |
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Kickboxer
MODERATOR Moderator Joined: February/13/2008 Status: Offline Points: 23679 |
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That's the key, Merc, WANTS to rather than FORCED to...
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Opinion,untempered by fact,is ignorance.
There are some who do not fear death... for they are more afraid of not really living |
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