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General : 2008 PRESIDENTIAL CANDIDATE COMPARISON
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Recommend  Message 1 of 2 in Discussion 
From: MSN NicknameRoadSailorAuthor  (Original Message)Sent: 08/10/2008 22:27

2008 PRESIDENTIAL CANDIDATE COMPARISON TALKING POINTS

 

ISSUE

JOHN McCAIN

 

BARAK OBAMA

 

Favors new drilling offshore US

 

Yes

 

No

 

Will appoint judges who interpret the law not make it

 

Yes

 

No

 


Served in the US Armed Forces

 

Yes

 

No

 

Amount of time served in the US Senate

 

22 YEARS

 

173 DAYS

 

Will institute a socialized national health care plan

 

No

 

Yes

 

Supports abortion throughout the pregnancy

 

No

 

Yes

 

Would pull troops out of Iraq immediately

 

No

 

Yes

 

Supports gun ownership rights

 

Yes

 

No

 

Supports homosexual marriage

 

No

 

Yes

 

Proposed programs will mean a huge tax increase

 

No

 

Yes

 

Voted against making English the official language

 

No

 

Yes

 

Voted to give Social Security benefits to illegal's

 

No

 

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/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/



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Reply
Recommend  Message 2 of 2 in Discussion 
From: MSN NicknameElGato196Sent: 09/10/2008 01:53
%@*&%(! Obama!

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