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 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%

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(No change, Bush repealed this tax)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

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!!!

 
(in case you want more information on Obama's tax and spend agenda:

If Sen. Barack Obama (D-IL) Could Enact All Of His Campaign
Proposals, Taxpayers Would Be Faced With Financing $874.35 Billion In New
Spending Over One White House Term:
Updated February 14, 2008: Obama’s National Infrastructure
Reinvestment Bank Will Cost $60 Billion Over Ten Years; Equal To $6 Billion A
Year And $24 Billion Over Four Years. Obama: “I’m proposing a National
Infrastructure

Reinvestment Bank that will invest $60 billion over ten
years.” (Sen. Barack Obama, Remarks On Economic Policy, Janesville, WI,
2/13/08)

Obama’s Health Care Plan Will Cost Up To $65 Billion A Year; Equal To
$260 Billion Over Four Years. “[Obama] campaign officials estimated
that the net cost of the plan to the federal government would be $50
billion to $65 billion a year, when fully phased in, and said the revenues
from rolling back the tax cuts were enough to cover it.” (Robin Toner
and Patrick Healy, “Obama Calls For Wider And Less Costly Health Care
Coverage,” The New York Times, 5/30/07)

Obama’s Energy Plan Will Cost $150 Billion Over 10 Years, Equal To
$15 Billion Annually And $60 Billion Over Four Years. “Obama will invest
$150 billion over 10 years to advance the next generation of biofuels
and fuel infrastructure, accelerate the commercialization of plug-in
hybrids, promote development of commercial-scale renewable energy, invest
in low-emissions coal plants, and begin the transition to a new digital
electricity grid.” (Obama For America, “The Blueprint For Change,”
www.barackobama.com, Accessed 1/14/08, p. 25)

Obama’s Tax Plan Will Cost Approximately $85 Billion A Year; Equal To
$340 Billion Over Four Years. “[Obama’s] proposed tax cuts and
credits, aimed at workers earning $50,000 or less per year, would cost the
Treasury an estimated $85 billion annually.” (Margaret Talev, “Obama
Proposes Tax Code Overhaul To Help The Poor,” McClatchy Newspapers, 9/19/07)

Obama’s Plan Would Raise Taxes On Capital Gains And
Dividends, And On Carried Interest. Obama’s tax plan includes: “[i]ncreasing
the highest bracket for capital gains and dividends and closing the
carried interest loophole.” (Obama For America, “Barack Obama: Tax
Fairness For The Middle Class,” Fact Sheet, www.barackobama.com, Accessed
1/8/08)

Obama’s Economic Stimulus Package Will Cost $75 Billion. “Barack
Obama’s economic plan will inject $75 billion of stimulus into the economy
by getting money in the form of tax cuts and direct spending directly
to the people who need it most.” (Obama For America, “Barack Obama’s
Plan To Stimulate The Economy,” Fact Sheet, www.barackobama.com, 1/13/08)

Obama’s Early Education And K-12 Package Will Cost $18 Billion A
Year; Equal To $72 Billion Over Four Years. “Barack Obama’s early education
and K-12 plan package costs about $18 billion per year.” (Obama For
America, “Barack Obama’s Plan For Lifetime Success Through Education,”
Fact Sheet, www.barackobama.com, 11/20/07, p. 15)

Obama’s National Service Plan Will Cost $3.5 Billion A Year; Equal To
$14 Billion Over Four Years. “Barack Obama’s national service plan
will cost about $3.5 billion per year when it is fully implemented.”
(Obama For America, “Helping All Americans Serve Their Country: Barack
Obama’s Plan For Universal Voluntary Citizen Service,” Fact Sheet,
www.barackobama.com, 12/5/07)

Obama Will Increase Our Foreign Assistance Funding By $25 Billion.
“Obama will embrace the Millennium Development Goal of cutting extreme
poverty around the world in half by 2015, and he will double our foreign
assistance to $50 billion to achieve that goal.” (Obama For America

 “The Blueprint For Change,” www.barackobama.com, Accessed 1/14/08, p. 53)
Obama

has sponsored a bill in the senate that will tax 7/10ths of 1% of U.S.
GDP to give to the UN for distribution to poor countries. This will
amount to $845BB/yr. from American taxpayers that most of it will end up
in some tyranical despots Swiss bank account!!! As of March 1, 2008,
this bill is still in process but is believed to be thwarted by the
senate.

Obama Will Provide $2 Billion To Aid Iraqi Refugees. “He will provide
at least $2 billion to expand services to Iraqi refugees in
neighboring countries, and ensure that Iraqis inside their own country can find a
safe-haven.” (Obama For America, “The Blueprint For Change,”
www.barackobama.com, Accessed 1/14/08, p. 51)

Obama Will Provide $1.5 Billion To Help States Adopt Paid-Leave
Systems. “As president, Obama will initiate a strategy to encourage all 50
states to adopt paid-leave systems. Obama will provide a $1.5 billion
fund to assis

GDP to give to the UN for distribution to poor countries. This will
amount to $845BB/yr. from American taxpayers that most of it will end up
in some tyranical despots Swiss bank account!!! As of March 1, 2008,
this bill is still in process but is believed to be thwarted by the
senate.

Obama Will Provide $2 Billion To Aid Iraqi Refugees. “He will provide
at least $2 billion to expand services to Iraqi refugees in
neighboring countries, and ensure that Iraqis inside their own country can find a
safe-haven.” (Obama For America, “The Blueprint For Change,”
www.barackobama.com, Accessed 1/14/08, p. 51)