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Tax Cutter
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Ladies And Gentlemen
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There IS a new party, and we are going to give this govt. an enema!
My dad makes 60-80k a year, and he would pay LESS taxes under Obama's tax plan, so we would pay more under McCain's plan!
Oh yeah, McCain will cut your taxes alright, thats if you make over 250k!
Obamas INCREASE of the Capital Gains Tax from %15 to %20 will affect many Americans who have invested in the Stock Market for their retirement. The overall worth of the company will drop as well & the stock in that company, so it will be a 2 fold loss to the investor. McCain wants to keep it at %15 & hopes to lower it to %7. The lower the Capital Gains Tax the more capital, which in turn will actually bring more to the Government Coffers.
By Ned Barnett
Under "President" Obama, if you sell off stock and earn a $100,000 gain -- perhaps to help put your children through college -- instead of paying $15,000 in capital gains taxes today, you'll pay $20,000 under Obama's plan. That's a full one-third more, and it applies no matter how much you earn.
American Thinker C0M
READ ALL ABOUT IT!
Senator Obama's Four Tax Increases for People Earning Under $250k
By Ned Barnett (AMERICAN THINKER C0M)
Those implausible promises made me look at what I'd been paying before President Bush's 2001 and 2003 tax cuts, as well as what I paid after those tax cuts became law. I chose the 2000 tax tables as my baseline -- they reflect the tax rates that Senator Obama will restore by letting the "Bush Tax Cuts" lapse.