Pick your President

If this is what Obama plans to do.....we are really in trouble.




> Proposed changes in taxes after 2008 General election:
>
> 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 4 0% 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.
>
> INCOME TAX
>
> MCCAIN (no changes)
>
> Single making 30K - tax $4,500
> Single making 50K - tax $12,500
> Single making 75K - tax $18,750
> Married ma king 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.
>
> 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 MCCAIN 0% (No change, Bush repealed this tax)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.
&g t; Th ose willing their assets to loved
> ones will not only lose them to< BR>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!!!