Check this out. Go to Snopes.com and in the SEARCH box, type 'Proposed Tax Changes'. The Snopes.com site researches all the urban legends or email scams floating around in cyberspace.
Check it out, it's interesting and factual.
?INTERESTING DATA JUST RECEIVED ON TAXES
??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 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 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0% (No change, Bush repealed this tax)??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 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!!!
I hear ya girl...
I read it to...
I just read...
http://www.americanthinker.com/2008/08/obamas_donor_contributions_sil.html
and
http://www.factcheck.org/askfactcheck/would_obama_tax_my_profits_if_i.html
This is all very difficult to keep up on and it seems as if I have to sift through all of the BS...
just like everyone else...
I do love and support my troops current and vets.
They are the ones that keep us free.
Have you heard kid's new song warrior?
If not you can download it free....
http://www.nationalguardwarrior.com/
the words are so.....TRUE
So don't tall me who's wrong and right
When liberty starts slipping away
And if you ain't gonna fight
Get out of the way
'Cause freedom ain't so free
When you breathe red, white and blue
I'm giving all of myself
"Cause that's what I do
And they call me warrior
They call me loyalty
And they call me ready to provide relief and help, I'm
Wherever you need me to be
I'm an American warrior
Citizen Soldier
I'm an American warrior
I'll never leave another behind
I will never accept defeat
I'm a Soldier in war
Civilian in peace
Cause freedom ain't so free
When you breathe red, white and blue
I'm giving all of myself
How 'bout you?
And they call me warrior
They call me loyalty
And they call me ready to deploy, engage, and destroy
Whenever you need me to be
I'm an American warrior, Citizen Soldier
Warrior, Citizen Soldier
Ummm Snopes says that is a false email...
Claim: E-mail compares proposed changes in taxes after the 2008 presidential election.
Status: False
Im not for Obama...just saying
10,000 terrorists can't be wrong!
Vote for Obama...
They are contributing to his campaign.
Obamamania -- Something Stinks Here!!
http://www.americanthinker.com/2008/08/obamas_donor_contributions_sil.html
http://www.americanthinker.com/2008/08/obamas_donor_contributions_sil.html
CHECK IT OUT....
OR OR YOU ONE OF THOSE....
You people will believe anything, do some research on something instead of just being lemmings
http://www.factcheck.org/askfactcheck/would_obama_tax_my_profits_if_i.html
Go to Snopes.com and in the SEARCH box, type 'Proposed Tax Changes'.
tattle tell
Subject: RE: Does Wachovia endorse this fraudulent tax information?
Thank you for contacting Wachovia regarding a recent email regarding "proposed changes in taxes after the 2008 General election." Please know that Wachovia does not endorse any political party, candidate, or initiative, and that our Firm did not endorse or approve the email as it is contrary to our Code of Conduct and Corporate Values.
Members of executive and departmental leadership in Wachovia Corporation and Wachovia Securities have been made aware of the email, and Robert Jenkins has been dealt with appropriately and directly. Every effort has been made to ensure that no additional emails or communications of this nature will be issued by any member of our Firm.
We sincerely apologize for this unfortunate incident.
that's excellent information connie jo.
thank you.
Check this out:
Whether you are a Democrat, Republican or Independent, these are the
facts :
Taxes under Clinton 1999 Taxes under Bush 2008
Single making 30K - tax $8,400 Single making 30K - tax $4,500
Single making 50K - tax $14,000 Single making 50K - tax $12,500
Single making 75K - tax $23,250 Single making 75K - tax $18,750
Married making 60K - tax $16,800 Married making 60K- tax $9,000
Married making 75K - tax $21,000 Married making 75K - tax $18,750
Married making 125K - tax $38,750 Married making 125K - tax $31,250
If you want to know just how effective the mainstream media is, it is amazing how many people that fall into the categories above think Bush is screwing them and Bill Clinton was the greatest President ever. If any Democrat is elected, ALL of them say they will repeal the Bush tax cuts and a good portion of the people that fall into the categories above can't
wait for it to happen. This is like the movie The Sting with Paul Newman; you scam somebody out of some money and they don't even know what happened.
Your Social Security
Just in case some of you young whippersnappers (& some older ones) didn't know this. It's easy to check out, if you don't believe it. Be sure and show it to your kids. They need a little history lesson on what's what and it doesn't matter whether you are Democrat of Republican. Facts are Facts!
Our Social Security
Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. He promised:
1.) That participation in the Program would be Completely voluntary,
2.) That the participants would only have to pay 1% of the first $1,400
of their annual Incomes into the Program,
3.) That the money the participants elected to put into the Program
would be deductible from their income for tax purposes each year,
4.) That the money the participants put into the independent "Trust
Fund" rather than into the general operating fund, and therefore, would only
be used to fund the Social Security Ret
Obama states homes over 2400 SF...most working class fall into that category, especially if basements are considered. That's exactly what Obama wants...since most Democrat Liberals are pro poor-low income...anti working middle class, regardless of tax burden.
In 2007 the "average" American home was just under 2500 SF, according to government documented housing data & research, from US realtors & lenders. Those owning homes well above 2400SF will be the wealthier with loop holes & tax breaks...they won't pay shit in taxes on their homes.
Democrats have historically raised taxes, of course Obama will do the same. Those affected most have also historically always been the working middle class, blue collar labor force. The poor get everything provided they 'need' free...housing, food, clothing healthcare...thanks to the Democratic liberals (like Obama) who don't understand when you give it free it's not appreciated by most, makes people lazy & dependent upon the system to take care of them, instead of them taking care of themselves.
Wanna know what's gonna happen if a tax is implented on homes 2400 SF plus...the working middle class are gonna start building & buying smaller homes to escape the tax burden. Smaller home = less purchase price = less state revenue in property taxes...which fund schools & our public education system, fire & law enforcement protection, public libraries, etc.. Smaller home = less labor required = less labor force = less material costs, etc.. Oh yeah...taxes on 2400 SF plus homes...brilliant!...what a way to boost the economy...NOT! Dumbass Democrat Liberals...they really are so backwards more often than not.
I JUST HOPE I GET MY VOICE BACK BEFORE THE DNC...
I CAN'T EVEN TALK MUCH LESS YELL...
MY VOICE IS SHOT FROM STURGIS.
WELL IF YOU DO ANGEL,
I'VE GOT A BIG HOUSE,
YOUR MORE THAN WELCOME.
I AM VERY CLOSE TO DOWNTOWN.
I HAVE A VERY BIG DOG...
HE WILL PROTECT YOU.
HELLO LADIES,
WE HAVE THE DNC HERE IN DENVER THIS MONTH,
THEY ARE EXPECTING ALOT OF PROTESTERS....
BUT IF THE PROTESTERS CROSS THE LINE THEY WILL BE ARRESTED.
THE PROTESTERS HAVE TO STAY IN CERTAIN AREAS.
I WORK FOR THE RAILROAD AND WE ARE NOT EVEN ALLOWED TO STOP AND CHANGE CREWS.
none of us can girl...