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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 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/...n_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/


Bob Beauprez
Catch all the latest in policy and politics at A Line of Sight www.bobbeauprez.com
 

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Illegal immigration:

Presidental hopefull that wants to give Illegal ALIENS Amnesty?

McCain- YES

Obama- YES

Ron Paul- NO

Just to keep the record straight.
 

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Amount of time served in the US Senate 22 YEARS ......... 173 DAYS

Trust me I am no Obama fan but I don't know that I would be putting that up as a plus for McCain at this point.

Vote Bob Barr!!
 

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M1P90 said:
DIVIDEND TAX

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.
That is not entirley true. The 40% tax is based on "short term" gains, as in under 12 months. So your retirement accounts should be fine (as long as you didn't get creative with them).
Now I don't personally agree with it and I have yet to find a good way around this if he does win :(
If anyone has any ideas, please let us know. and no, going "off-shore" doesn't count :-D
 

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If Osama... Obama gets elected you can be sure you will be paying more in taxes. I personally will be paying thousands of $ more and I bet most of you will too. If any of you want to pay more that is your choice. I personally think the government takes too much already. :cry:

Not to mention the Supreme Court Nominations. :roll:
 
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