I received a email from my boss yesterday that he got from a friend and was a very interesting read. Like me, my boss is a Conservative and found this to be very entertaining:
McCain vs.
Obama
Current mood: contemplative
Category: News and Politics
ALL OF THIS CAN BE VERIFIED>>>>>SEE BOTTOM FOR INFO!!!
SIMPLE MATH:
2008 PRESIDENTIAL CANDIDATE COMPARISON TALKING POINTS
ISSUE JOHN McCAIN Vs OBAMA
Favors new drilling offshore US
Yes JOHN McCAIN
No OBAMA
Will appoint judges who interpret the law not make it
Yes JOHN McCAIN
No OBAMA
Served in the US Armed Forces
Yes JOHN McCAIN
No OBAMA
Amount of time served in the US Senate
22 YEARS JOHN McCAIN
173 DAYS OBAMA
Will institute a socialized national health care plan
No JOHN McCAIN
Yes OBAMA
Supports abortion throughout the pregnancy
No JOHN McCAIN
Yes OBAMA
Would pull troops out of Iraq immediately
No JOHN McCAIN
Yes OBAMA
Supports gun ownership rights
Yes JOHN McCAIN
No OBAMA
Supports homosexual marriage
No JOHN McCAIN
Yes BARAK OBAMA
Proposed programs will mean a huge tax increase
No JOHN McCAIN
Yes OBAMA
Voted against making English the official language
No JOHN McCAIN
Yes OBAMA
Voted to give Social Security benefits to illegals
No JOHN McCAIN
Yes OBAMA
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/election/2008/index. html
http://www. cnn. com/ELECTION/2008/issues/issues.
taxes. html
http://elections. foxnews. com/?s=proposed+taxes
http://bulletin. aarp.
org/yourworld/politics/articles/mccain_obama_offer_different_visions_on_taxes.
html
http://blog. washingtonpost.
com/fact-checker/candidates/barack_obama/
http://blog. washingtonpost.
com/fact-checker/candidates/john_mccain/