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McCain v. Obama- Fair and accurate comparison?

Discussion in 'Uncategorized Threads' started by g7777777, Sep 8, 2008.

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  1. g7777777

    g7777777 TS Supporters TS Supporters

    Joined:
    Jan 29, 1998
    Messages:
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    This pretty much puts it into perspective. Here are your choices.



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    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 to make English the official language
    Yes
    No

    Voted to give Social Security benefits to the illegals
    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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