Are you undecided?

[Ezzz]

SIMPLE MATH:
2008 PRESIDENTIAL CANDIDATE COMPARISON TALKING POINTS

ISSUE
JOHN McCAIN

BARACK 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MCCAIN - 0% (No change, Bush repealed this tax)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:

Election 2008: The candidates and your money - CNNMoney
Taxes: Election Center 2008 - CNN.com

Home - FOXNews.com Elections
McCain, Obama Offer Different Visions on Taxes

Fact Checker Archive by Category
Fact Checker Archive by Category

[Ezzz]

It didnt copy as I expected. The first yes or no is McCain the second Obama

[Niccivan]

That's very SCARY data. Seems those who have been shouting that Obama will decrease taxes have been put in their place.

[Major_Payne]

all of the choices!!!!!!!!! what am I going to do????

[Kris83]

That's very SCARY data.

Very scary indeed....which is exactly the purpose of yet another smear chain e-mail

First of all several of those "fact links" lead to nowhere or places where the data can't be found. Second of all the above is simply misleading or not true at all. FactCheck.org has a reply to the e-mail above for those interested in actual facts: FactCheck.org: Would Obama tax my profits if I sell my home? Would he tax my IRA? Would he tax my water?

[luvsluvin]

You can verify the above at the following web sites:

Election 2008: The candidates and your money - CNNMoney
Taxes: Election Center 2008 - CNN.com

Home - FOXNews.com Elections
McCain, Obama Offer Different Visions on Taxes

Fact Checker Archive by Category
Fact Checker Archive by Category

Hmmmmm... I couldn't find the numbers at those sites? Can you be more specific where you copied those from, EZ?

Here is one reason I am voting for Obama:

Richard Russell, author of the Dow Newsletter, was asked to choose between McCain and Obama. Although he would vote for neither, he chose OBAMA. He said McCain is too intimately tied up with the military-industrial complex. The Pentagon budget for 2009 is almost 500 billion dollars. The budget for the two wars are off the balance sheet and not counted in the budget. The two budgets together are more than half the pie, and ten other categories (health, education, veterans, housing, etc) fight for the rest of the pie. Our priorities are misplaced, and there are no fatter cats than those who make money in the defense industries.

It is true that the Democrats tax plan shifts the wealth of the nation from the rich folks to the middle class. During WW II FDR passed tax legislation that was very similar to what is being proposed by Obamma & Biden. What happens when people in the middle & lower classes have more money? They spend it! This increases demand, which in turn creates jobs to meet that demand, which makes our economy grow. (By the way, this "trickle down" effect was introduced in 1980 by the Reagan administration, and it has created much of the debt that has our nation floundering right now) . Don't take it from me, read up on your history, and compare these different economic philosophies to see how well each has worked. "Trickle down" (1980 to present) vs "The New Deal" (1935 to 1980). History does not lie, regardless of what your opinion might be.

[spaceboy761]

Trickle-down economics has never worked for any country, in any situation, at any point in history, ever. It is a nice academic exercise and completely infeasible since it makes the faulty assumption of perfect market efficiency. Whenever the system inevitably goes up in flames, its defenders admit no inherent flaw in their system and point to a hundred ways to improve that efficiency.

News flash: It'll never happen before we put a colony on Mars. The technology isn't even close to being there. Even if it was, there are still issues that would keep the markets imperfect, like oh let's say, human decision making. Until that issue is resolved, supply-side economics will be nothing more than what Reagan gave us: Huge tax cuts financed solely by huge borrowing and leading to huge unaddressed debts.

People say that their lives were better in the 80's. OK... go max out all of our credit cards right now and buy a ton of awesome shit. Your life will be pretty sweet. When the bills come and the end of the month, just knock off the teensy little minimum payment... you'll be living like a king! It'll catch up to you soon enough just like trickle-down economics does.

People whine and cry about taxes and call them communist and socialist and sacreligious and every other name in the book. I don't care. Tax me at 1% or 75% and label it what you want, I just want to live in an economic system that WORKS. Trickle-down economics doesn't work now, has never worked before, and will not work in the future until we develop some Star Trek-level of technology to give our markets the needed liquidity and efficiency. And even then, it still wouldn't be optimal.

[Niccivan]

Hmmmmm... I couldn't find the numbers at those sites? Can you be more specific where you copied those from, EZ?

Here is one reason I am voting for Obama:

Richard Russell, author of the Dow Newsletter, was asked to choose between McCain and Obama. Although he would vote for neither, he chose OBAMA. He said McCain is too intimately tied up with the military-industrial complex. The Pentagon budget for 2009 is almost 500 billion dollars. The budget for the two wars are off the balance sheet and not counted in the budget. The two budgets together are more than half the pie, and ten other categories (health, education, veterans, housing, etc) fight for the rest of the pie. Our priorities are misplaced, and there are no fatter cats than those who make money in the defense industries.

It is true that the Democrats tax plan shifts the wealth of the nation from the rich folks to the middle class. During WW II FDR passed tax legislation that was very similar to what is being proposed by Obamma & Biden. What happens when people in the middle & lower classes have more money? They spend it! This increases demand, which in turn creates jobs to meet that demand, which makes our economy grow. (By the way, this "trickle down" effect was introduced in 1980 by the Reagan administration, and it has created much of the debt that has our nation floundering right now) . Don't take it from me, read up on your history, and compare these different economic philosophies to see how well each has worked. "Trickle down" (1980 to present) vs "The New Deal" (1935 to 1980). History does not lie, regardless of what your opinion might be.

I spent half the night looking up each individual stat that Ez posted. It started to make my head spin. The sites that he provided I saw no direct numbers attached, but a lot of them, not all, pointed to Obama increasing the housing taxes substantially. Some of the things that Obama has planned for home owners and potential home owners was scary. Personally, as someone who is already looking to buy a house, this is a scary concept. I can barely afford a house as it is in the area that I live in, but a higher tax on bigger properties pretty much has me confined to a small lot with a rickety trailer. Oh but wait, insurances don't cover trailers. Looks like I'm fucked if Obama wins. I may as well start selling my things and look into big refrigerator boxes under a nice, drafty bridge.

[motherfunky]

I think I'm undecided, but I'm not sure

[ColdCase]

I usually base my decisions on decisive factors inferred
by a series of irregularities... so in keeping with my fundamentally
erroneous judgments, I will say that until a singularly undisputed
truth appears, I will remain in search of the irrefutable.