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EverettsPride
Advanced Member
1140 Posts |
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massdee
Moderator
5299 Posts |
Posted - 10/07/2008 : 9:37:44 PM
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INTERESTING DATA JUST RECEIVED ON TAXES
Spread the word.....
This is something you should be aware of so you don't get blind-sided. This is really going to catch a lot of families off guard. It should make you worry.
Proposed changes in taxes after 2008 General election:
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 become 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 will more than double! How does this affect you? No explanation needed. This is pretty straight forward.
INHERITANCE TAX
MCCAIN 0% (No change, Bush repealed this tax)
OBAMA Restore the inheritance tax How does this affect you? Many families have lost businesses, farms and 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 not only lose them to these taxes.
NEW TAXES BEING 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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just wondering
Senior Member
387 Posts |
Posted - 10/07/2008 : 10:11:22 PM
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is this from a McCain website?? |
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Paul
Senior Member
158 Posts |
Posted - 10/08/2008 : 07:14:48 AM
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Massdee where is this from ? |
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vets4ever
Member
35 Posts |
Posted - 10/08/2008 : 07:22:16 AM
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In fact, it is from an anti-McCain group and was put up during the 2000 elections. Basically what they are pointing at is the POW Code of Conduct and McCain breaking under torture and interrogation. What they are NOT telling you is that most everyone else who was tortured "broke." The problem was so pervasive the POW code of conduct rules were changed shortly after the close of the Vietnam war. If you noticed in 2000 a great many of the POWs McCain was imprisoned with, were there physically to support him for the 2000 presidency. If there were a real issue at hand, I wouldn't hesitate to guess that great men like Orsin Swindle, Col. Bud Day, Ed Alverez, or several others that surrounded McCain in both 2000 & 2008 would not condone being in the company of a so called "traitor" had he sold them out decades earlier in the Hanoi Hilton. It just doesn't ring true.
I wasn't there (Vietnam nor any POW) and I'm not going to pass judgement on a man (like many who were held captive) who spent a great deal of time with his arms bound behind him, as the rope was tightened, in order to pull his arms out of the shoulder sockets.
In coming to conclusion of conduct to which I was not personally involved, especially in a war zone, I leave the consensus judgement first to those who were prisoner with him in the Hanoi Hilton, second authoritative opinion I would give to those men and women who put boots on the ground in Vietnam with him, and then lastly, those who want to throw flaming spears from the cheap seats based on something they (and we) no little about. If the POWS as a group denounced him, I would place great weight on their position, but they as a group or even in fair numbers as invididuals, did NOT denounce him, they surrounded him in his bid for both presidential runs. I would have given some serious consideration if Vietnam Veterans en masse protested a McCain presidency, but if you remember Bush v McCain it was a tug of war over the Veterans and a Bush surrogate (by the name of Tom Birch) stood behind Bush while accusing McCain of essentially the same stuff. The same for Kerry v. Bush., next thing you know we see "Swift Boats" that tried to trash Senator Kerry's Vietnam Service. While being "no fan of Kerry's" I took the same position: He put boots on the ground in Vietnam... I didn't. I wasn't there to judge him nor be faced with life and death decisions that he, and every other person who served in Vietnam, faced on a daily basis. Despite being on "the other side" I refused to join with others who were trashing the man based on "hear say" when in fact, most of Kerry's detractors never set foot in Vietnam, but rather just drank the coolaide, took it as authority because it was a "high profile" veteran on the Bush team, and of course, we can't believe that someone, anyone, running for President of United States would spread false rumors about someone who served during a very difficult war and time. I have my issues with Kerry, too and I have some with McCain (much more in 2008 than 2000) but I refuse to call into question the integrity of men and women who paid dearly, as we all did, for the involvement in Vietnam.
On that note, I will leave you with a link from a story appearing just before the 2000 elections that gets underneath a great deal of the motivations some have in trashing McCain and it has absolutely nothing to do with his service in Vietnam or his conduct as a POW.
Warning: This is a very lengthly article, but worth reading to get a full and somewhat objective assessment of why people would trash a man who spent 5 1/2 years as a POW when in fact, his captors, after learning he was the son of an Admiral in the US Navy, offered to release him early. He refused and continued to subject himself to beatings and interrogations for another five years. That doesn't sound like a traitor to me, but I leave it to the undecided to determine if they feel any of this is pertinent.
Link: You must be logged in to see this link.
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EverettsPride
Advanced Member
1140 Posts |
Posted - 10/08/2008 : 11:56:58 AM
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Thanks for the link. I am trying to educate myself as much as possible on both men. I want to make the best decision on Election Day.
Sally |
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vets4ever
Member
35 Posts |
Posted - 10/08/2008 : 12:22:46 PM
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Your welcome. It's tough to cut through the flak on both sides to find out what each candidate truly believes. And I'll have to be perfectly honest, I was a devout McCain supporter in 2000 because something in his passion told me he'd let his conscience rule over the power pockets of the party. In the 2008 campaign I don't have that same sense. Chiefly, he seems to have somewhat laid off the "special interests" in some areas, whereas he used to attack them for their largess in 2000. Does that mean he got pressured from the GOP elite (McConnell etc) to tone it down? If that is true, then he may have compromised the one principle I found refreshing in a candidate (integrity and honesty). In short, he seems to have toned it down since 2000. I liked his "Damn the torpedos" attitude when it came to addressing corruption in government, but he didn't seem to have that same spark this time around. Does that mean he sold out? I'm not sure. It is a different McCain that I worked for (as a volunteer coordinator) in 2000. I was named an altnerate delegate from the district and attended the 2000 GOP convention, which is where many of us McCain loyalists became reluctant Bush delegates (when McCain gave his delegates to Bush). Me personally, there were many times I feel he could have taken on Bush, even recently, but toned it down at the request of the power brokers. I know nothing about Barak Obama other than to say he is relatively new to the scene and whatever programs he wants to add need to be paid for - and it will come from increased taxes.
The only thing I am trying to balance right now are the economic policies and for one good reason. If the dollar continues to weaken in the long term it gives greater strength to other major world economies and some budding third world countries. This translates to money getting into the hands of people who wish nothing but ill for this country. If our next presdient does not do everything to first strenghten the domestic economy this could and would put a direct threat to the national security of the United States by empowering the enemy through the transfer of wealth. As the other world powers gain greater and greater economic wealth, the subverts of those governments and criminal enterprise let's the money trickle down to groups of extremists and religious zealots that wish to rid the world of the "American sinners." The greater the amount in the hands of legitimate countries results in a greater amount of money for the subverts to operate against the United States. The less our world economic power the greater the threat to national security.
Given my personal economic situation and the dim prospects for the economy on a national level, I have trouble buying into any of their lines right now, so good luck on your research EP.,
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