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- 0% (No change, Bush repealed this tax)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!!!
These are not made up:
Verify the information on these websites!
http://money.
cnn. com/news/specials/election/2008/index.
html
http://www.
cnn. com /ELECTION/2008/issues/issues.taxes.
- 1 day ago
- -
2 days left to answer.
Additional Details 1 day ago
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.
1 day ago
AND HE HELPS THE MIDDLE MAN HOW!!!!!! THOSE TAX PERCENTAGES OUR INSANE
http://elections.
foxnews.
com/?s=proposed+taxes
http://bulletin.
aarp. org/yourworld/politics/articles/mccain_o...
html
http://blog.
washingtonpost.
com/fact-checker/candidates/barack_o bama/
http://blog.
washingtonpost.
com/fact-checker/candidates/john_mccai...