Whitlock
Member
Just something interesting I found. Im not for either candidate yet, Im still up in the air, but thought Id share it.
> >> 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 will more than
> double!
> >> How does this affect you?
> >>
> >> No explanation needed. This is pretty
> straight forward.
> >>
> >> 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 become
> 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.
> >> 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 MCCAIN 0% (No change, Bush repealed this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 and
> >> 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 not 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!!!
> >> 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 will more than
> double!
> >> How does this affect you?
> >>
> >> No explanation needed. This is pretty
> straight forward.
> >>
> >> 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 become
> 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.
> >> 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 and
> >> 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 not 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!!!
