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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Rose who wrote (128476)	7/11/2008 2:26:55 PM
From: tonto	Read Replies (2) \| Respond to of 173976

A new comparison floating around... 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 INHERITANCE TAX MCCAIN 0% (No change, Bush repealed this tax) OBAMA Restore the inheritance tax How does this affect you?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!!!

To: Kevin Rose who wrote (128476)	7/11/2008 3:17:34 PM
From: Skywatcher	Read Replies (1) \| Respond to of 173976

well then THIS! takes the cake and sums up his pathetic and disastrous presidency with a SMALL p BUSH NEEDS TO BE IMPEACHED NOW President George Bush: 'Goodbye from the world's biggest polluter' By Robert Winnett, Deputy Political Editor and Urmee Khan Last updated: 7:52 AM BST 10/07/2008 George Bush surprised world leaders with a joke about his poor record on the environment as he left the G8 summit in Japan. The American leader, who has been condemned throughout his presidency for failing to tackle climate change, ended a private meeting with the words: "Goodbye from the world's biggest polluter." He then punched the air while grinning widely, as the rest of those present including Gordon Brown and Nicolas Sarkozy looked on in shock. Mr Bush, whose second and final term as President ends at the end of the year, then left the meeting at the Windsor Hotel in Hokkaido where the leaders of the world's richest nations had been discussing new targets to cut carbon emissions. One official who witnessed the extraordinary scene said afterwards: "Everyone was very surprised that he was making a joke about America's record on pollution." Mr Bush also faced criticism at the summit after Silvio Berlusconi, the Italian Prime Minister, was described in the White House press pack given to journalists as one of the "most controversial leaders in the history of a country known for government corruption and vice". The White House apologised for what it called "sloppy work" and said an official had simply lifted the characterisation from the internet without reading it. Concluding the three-day event, leaders from the G8 and developing countries proclaimed a "shared vision" on climate change. However, they failed to bridge differences between rich and emerging nations on curbing emissions. Story from Telegraph News: telegraph.co.uk