Help - just got this from a right winger!

[helderheid]

INTERESTING DATA JUST RECEIVED ON TAXES & PROPOSED CHANGES IN TAXES
AFTER 2008 GENERAL ELECTION BY EACH CANDIDATE.

Consider the following data compiled by CNN :

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 capital gain 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,20
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 (find your bracket)
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 (reverse all 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MCCAIN 0% (No change, Bush repealed this tax)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 does20this affect you?

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 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!!!



THE FOREGOING IS SOMETHING YOU SHOULD BE AWARE OF. . . IT SHOULD MAKE
YOU THINK BEFORE YOU CAST YOUR VOTE IN NOVEMBER.



You can verify the tax information at
http://money.cnn.com/news/specials/election/2008/index.html if you'd
like.


Please spread the word. This will catch a lot of families off
guard.

ETA bad link fixed

[sharp_stick]

1. Tell him to click on the cnn link

find the 404 error then call him a fucking idiot and slap him 10 or 12 times.

[NYCGirl]

2. FALSE. Snopes is on the case:

http://www.snopes.com/politics/obama/taxes.asp

[helderheid]

7. Bless you, and rebutted.

[lapfog_1]

3. debunked over and over - n/t

[skipos]

4. Ask him why Republicans are lying so much to try to win? Can't they win on the issues? nt

[joop]

5. so many lies there

it's truly astonishing.

You know the asshole wouldn't actually read anything not directly put out by his "information source" so just start by giving him this:

http://alchemytoday.com/obamataxcut/

[RedEarth]

6. 2 Links

Obama vs. McCain: Taxing and Spending

http://www.businessweek.com/bwdaily/dnflash/content/jun2008/db20080611_220050.htm

Nonpartisan Tax Policy Center, a joint venture between the Urban Institute and the Brookings Institution, two Washington think tanks

2008 Presidential Candidates' Tax Proposals

http://www.taxpolicycenter.org/taxtopics/election_issues_matrix.cfm

[Ashy Larry]

8. Punch him in the face.

[JaneQPublic]

9. LOL! (and I love your McCain sign!) (nt)

[provis99]

10. your idiot right wing friend needs to have his computer unplugged

[helderheid]

11. That goes without saying.