Subject: Tax policies
*
*
*
*
Here is some info that every voter needs to see before WE vote in Nov.
2008
~~~~~~~~~~~~~~~~~~~~~~~~~~~
Proposed changes in taxes after 2008 General election:
CAPITAL GAINS TAX
MCCAIN
15% (no change)


OBAMA
28%


CLINTON
24%


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 downsize your home or move into* a retirement
community, 28% of the money you make from your home will go to taxes. It
did not state if the $500,000 exclusion if married and lived in the
house for 2 of the last five years would be exempt as it is now. 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%


CLINTON
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 or Clinton
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


CLINTON
(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


How does this affect you? No explanation needed. This is pretty straight
forward.




INHERITANCE TAX


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(No change, Bush repealed this tax)


OBAMA
Keep the inheritance tax


CLINTON
Keep 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 BOTH CLINTON AND 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
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!
--



"It depends on how you define aloneŠ"

*Bill Clinton

dbu, 3/29/2008,5:25:55 PM, wrote:

> Subject: Tax policies
> *
> *
> *
> *
> Here is some info that every voter needs to see before WE vote in
> Nov. 2008
> ~~~~~~~~~~~~~~~~~~~~~~~~~~~
> Proposed changes in taxes after 2008 General election:
> CAPITAL GAINS TAX
> MCCAIN
> 15% (no change)
>
>
> OBAMA
> 28%
>
>
> CLINTON
> 24%
>
>
> 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 downsize your home or move into* a
> retirement community, 28% of the money you make from your home will
> go to taxes. It did not state if the $500,000 exclusion if married
> and lived in the house for 2 of the last five years would be exempt
> as it is now. 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%
>
>
> CLINTON
> 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 or Clinton
> 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
>
>
> CLINTON
> (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
>
>
> How does this affect you? No explanation needed. This is pretty
> straight forward.
>
>
>
>
> INHERITANCE TAX
>
>
> MCCAIN
> 0%
> (No change, Bush repealed this tax)
>
>
> OBAMA
> Keep the inheritance tax
>
>
> CLINTON
> Keep 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 BOTH CLINTON AND 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
> 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!

It doesn't matter what you post, the liberals will never admit these
things will affect them. They think it will only affect those who work
for Exxon or Microsoft. Class envy blinds them to the realities of
losing a third of their income if not more.

In article <xn0fo9sr8jeq4sb002@news.east.cox.net>,
"badgolferman" <REMOVETHISbadgolferman@gmail.com> wrote:

> dbu, 3/29/2008,5:25:55 PM, wrote:
>
> > Subject: Tax policies
> > *
> > *
> > *
> > *
> > Here is some info that every voter needs to see before WE vote in
> > Nov. 2008
> > ~~~~~~~~~~~~~~~~~~~~~~~~~~~
> > Proposed changes in taxes after 2008 General election:
> > CAPITAL GAINS TAX
> > MCCAIN
> > 15% (no change)
> >
> >
> > OBAMA
> > 28%
> >
> >
> > CLINTON
> > 24%
> >
> >
> > 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 downsize your home or move into* a
> > retirement community, 28% of the money you make from your home will
> > go to taxes. It did not state if the $500,000 exclusion if married
> > and lived in the house for 2 of the last five years would be exempt
> > as it is now. 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%
> >
> >
> > CLINTON
> > 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 or Clinton
> > 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
> >
> >
> > CLINTON
> > (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
> >
> >
> > How does this affect you? No explanation needed. This is pretty
> > straight forward.
> >
> >
> >
> >
> > INHERITANCE TAX
> >
> >
> > MCCAIN
> > 0%
> > (No change, Bush repealed this tax)
> >
> >
> > OBAMA
> > Keep the inheritance tax
> >
> >
> > CLINTON
> > Keep 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 BOTH CLINTON AND 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
> > 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!
>
> It doesn't matter what you post, the liberals will never admit these
> things will affect them. They think it will only affect those who work
> for Exxon or Microsoft. Class envy blinds them to the realities of
> losing a third of their income if not more.

"Bingo", as waffle would say.
--



"It depends on how you define aloneŠ"

*Bill Clinton

"dbu" <nospam@nospam.moc> wrote in message
news:nospam-9FF8AA.16255529032008@comcast.dca.giganews.com...
> Subject: Tax policies

(snip)

I was just curious about the inheritance tax that all the communists
support. What are the details on that? If I inherit $5000, would I have to
pay tax on such a small amount?

dbu wrote:
> Subject: Tax policies
>
>
>
>
> Here is some info that every voter needs to see before WE vote in Nov.
> 2008
> ~~~~~~~~~~~~~~~~~~~~~~~~~~~
> Proposed changes in taxes after 2008 General election:
> CAPITAL GAINS TAX
> MCCAIN
> 15% (no change)
>
>
> OBAMA
> 28%
>
>
> CLINTON
> 24%
>
>
> 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 downsize your home or move into a retirement
> community, 28% of the money you make from your home will go to taxes. It
> did not state if the $500,000 exclusion if married and lived in the
> house for 2 of the last five years would be exempt as it is now. This
> proposal will adversely affect the elderly who are counting on the
> income from their homes as part of their retirement income.

Why should capital gains be taxed at a lower rate than other income?

> DIVIDEND TAX
>
>
> MCCAIN
> 15% (no change)
>
>
>
>
> OBAMA
> 39.6%
>
>
> CLINTON
> 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 or Clinton
> 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.'
>

Dividends in a traditional IRA are taxed as ordinary income when the
funds are withdrawn. Dividends in a Roth IRA are taxed at a rate of 0%
when the funds are withdrawn. Who are these "experts" making the prediction.

>
> 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
>
>
> CLINTON
> (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
>
>
> How does this affect you? No explanation needed. This is pretty straight
> forward.
>
>
>
>
> INHERITANCE TAX
>
>
> MCCAIN
> 0%
> (No change, Bush repealed this tax)
>
>
> OBAMA
> Keep the inheritance tax
>
>
> CLINTON
> Keep 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.

How many families lost businesses, farms, ranches, etc.?

>
> NEW TAXES BEING PROPOSED BY BOTH CLINTON AND OBAMA
>
>
> * New government taxes proposed on homes that are more than 2400 square
> feet

Good.

> * New gasoline taxes (as if gas weren't high enough already
Great. That will help reduce the use of gasoline and improve fuel economy.

> * New taxes on natural resources consumption (heating gas, water,
> electricity)

Good.

> * New taxes on retirement accounts

More specifics on this, please.

> 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 US is not a third-world country, as implied above. However, we are,
the only industrialized country to not have socialized insurance.
Considering that we have the highest per capita health care costs in the
world, and tens of millions of people who don't have medical insurance,
please explain why we would want to keep the present system.

Jefff

In article <cKUHj.2375$lV1.2052@trndny06>,
Jeff <kidsdoc2000@hotmail.com> wrote:

> dbu wrote:
> > Subject: Tax policies
> >
> >
> >
> >
> > Here is some info that every voter needs to see before WE vote in Nov.
> > 2008
> > ~~~~~~~~~~~~~~~~~~~~~~~~~~~
> > Proposed changes in taxes after 2008 General election:
> > CAPITAL GAINS TAX
> > MCCAIN
> > 15% (no change)
> >
> >
> > OBAMA
> > 28%
> >
> >
> > CLINTON
> > 24%
> >
> >
> > 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 downsize your home or move into a retirement
> > community, 28% of the money you make from your home will go to taxes. It
> > did not state if the $500,000 exclusion if married and lived in the
> > house for 2 of the last five years would be exempt as it is now. This
> > proposal will adversely affect the elderly who are counting on the
> > income from their homes as part of their retirement income.
>
> Why should capital gains be taxed at a lower rate than other income?
>
> > DIVIDEND TAX
> >
> >
> > MCCAIN
> > 15% (no change)
> >
> >
> >
> >
> > OBAMA
> > 39.6%
> >
> >
> > CLINTON
> > 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 or Clinton
> > 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.'
> >
>
> Dividends in a traditional IRA are taxed as ordinary income when the
> funds are withdrawn. Dividends in a Roth IRA are taxed at a rate of 0%
> when the funds are withdrawn. Who are these "experts" making the prediction.
>
> >
> > 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
> >
> >
> > CLINTON
> > (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
> >
> >
> > How does this affect you? No explanation needed. This is pretty straight
> > forward.
> >
> >
> >
> >
> > INHERITANCE TAX
> >
> >
> > MCCAIN
> > 0%
> > (No change, Bush repealed this tax)
> >
> >
> > OBAMA
> > Keep the inheritance tax
> >
> >
> > CLINTON
> > Keep 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.
>
> How many families lost businesses, farms, ranches, etc.?
>
> >
> > NEW TAXES BEING PROPOSED BY BOTH CLINTON AND OBAMA
> >
> >
> > * New government taxes proposed on homes that are more than 2400 square
> > feet
>
> Good.
>
> > * New gasoline taxes (as if gas weren't high enough already
> Great. That will help reduce the use of gasoline and improve fuel economy.
>
> > * New taxes on natural resources consumption (heating gas, water,
> > electricity)
>
> Good.
>
> > * New taxes on retirement accounts
>
> More specifics on this, please.
>
> > 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 US is not a third-world country, as implied above. However, we are,
> the only industrialized country to not have socialized insurance.
> Considering that we have the highest per capita health care costs in the
> world, and tens of millions of people who don't have medical insurance,
> please explain why we would want to keep the present system.
>
> Jefff

Jeff, ask the democrats, Clinton and Obama what their plan is for taxes.
Ask them to be somewhat specific. I really sick and tired of hearing
only "change" from them.
--



"It depends on how you define aloneŠ"

*Bill Clinton

Reasoned Insanity wrote:

> I was just curious about the inheritance tax that all the communists
> support. What are the details on that? If I inherit $5000, would I have to
> pay tax on such a small amount?

It's amazing how people way too poor to worry about the inheritance
tax worry about it.

dbu wrote:

> Jeff, ask the democrats, Clinton and Obama what their plan is for taxes.
> Ask them to be somewhat specific. I really sick and tired of hearing
> only "change" from them.

Back in 2000, was Bush specific about how he planned to let 7,000
Americans die, 3,000 by his neglect, another 4,000 by his
incompetence? No, because he knew how to play the political game.