ISSUE | McCAIN | OBAMA | |||
| Favors new drilling offshore US | Yes | No | |||
| Will appoint judges who interpret the law not make it | Yes | No | |||
|
| 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 | 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 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
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| OBAMA (reversion to pre-Bush tax cuts) | Single making 30K - tax $8,400
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| 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| MCCAIN | - 0% (No change, Bush repealed this tax) | ||||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!!! | |||||
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You can verify a lot of 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://blog.washingtonpost.com/fact-checker/candidates/barack_obama/
http://blog.washingtonpost.com/fact-checker/candidates/john_mccain/
The freedom and right to vote is cherished and envied by people in many parts of the world, yet most Americans don’t vote or vote for people or propositions they don’t understand and haven’t researched… which is almost worse than not voting at all. Be informed. So your homework. Don’t let them media or uninformed friends and associates lead you to the wrong decision!! Voting is one of the blessings of being an American. Getting the information to make an informed choice is one of the responsibilities of being an American. ...Ask Marion at the Daily Thought Pad
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