The Mudcat Café TM
Thread #111914   Message #2444656
Posted By: Ebbie
18-Sep-08 - 10:52 PM
Thread Name: BS: Lies, Spin, Talking Points, Issues
Subject: RE: BS: Lies, Spin, Talking Points, Issues
Well. Here is my "answer". I could spit nails. (No url is attached because it seems only to be traveling by email- that's all I could find. However, I did check some of the links given at the foot - was NOT able to verify these figures. No wonder these people are against Obama.)

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 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/