TUESDAY, AUGUST 26, 2008
Cross Road of a Great Nation
People tend to forget the deadly negative's of those they are planning to elect. These points listed below are basically correct, more facts need be added and hammered over and over to those who have not yet made up their minds. Polls show there are many.
Those unwilling to fight for freedom will lose it. If some say we are not free in this country now, I suggest they make honest comparisons of life in other countries starting with Cuba, Saudia Arabia, Egypt, Venezuela, Iran, Russia, Yeman, Rawanda and Zimbabwe, just to name a few.
Yes, we are not as free as we were 30 years ago but it is the terrorists here at home and those abroad who are largely responsible for the freedoms we have given up.
Read an article in today's WSJ titled "Privacy, We Got Over It" by L. Gordon Crovitz. He tells us that the digital life which we our now living is inherently a public life. He does not say we should stop being vigilant as to the ills of a socialistic big brother government. If Obama supporters think we already have that now in the United States, elect this man supported by all the countries mentioned above and they will find what true socialism is. Some of you would love to live in a socialist country so no big problem to them.
Most of us who value a capitalistic form of government will eventually not accept a socialistic way of life.
Barack Obama Quote: "My friends, we live in the GREATEST NATION in the history of the world. I hope you will join me as we try to CHANGE it".
Those unwilling to fight for freedom will lose it. If some say we are not free in this country now, I suggest they make honest comparisons of life in other countries starting with Cuba, Saudia Arabia, Egypt, Venezuela, Iran, Russia, Yeman, Rawanda and Zimbabwe, just to name a few.
Yes, we are not as free as we were 30 years ago but it is the terrorists here at home and those abroad who are largely responsible for the freedoms we have given up.
Read an article in today's WSJ titled "Privacy, We Got Over It" by L. Gordon Crovitz. He tells us that the digital life which we our now living is inherently a public life. He does not say we should stop being vigilant as to the ills of a socialistic big brother government. If Obama supporters think we already have that now in the United States, elect this man supported by all the countries mentioned above and they will find what true socialism is. Some of you would love to live in a socialist country so no big problem to them.
Most of us who value a capitalistic form of government will eventually not accept a socialistic way of life.
Barack Obama Quote: "My friends, we live in the GREATEST NATION in the history of the world. I hope you will join me as we try to CHANGE it".
2008 PRESIDENTIAL CANDIDATE COMPARISONS
ISSUES - JOHN McCAIN'S stance is at the top of each statement.
BARAK OBAMA'S is the other.
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/politics/articles/mccain_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/
ISSUES - JOHN McCAIN'S stance is at the top of each statement.
BARAK OBAMA'S is the other.
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/politics/articles/mccain_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/
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