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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
The Sushi Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 12:30 PM
Original message
Calculate your Obama Tax Cut!
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hedgehog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 12:37 PM
Response to Original message
1. Boy ! That would make a dent in some bills!
:bounce:
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OwnedByFerrets Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 12:39 PM
Response to Original message
2. That is fantastic.....idiot repugs wouldnt believe it though if it
bit them in the ass.
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Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 12:39 PM
Response to Original message
3. That is great! I would have saved several hundred.
Try it with last year's figures. It's quick and easy. Thanks!
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gulliver Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 12:55 PM
Response to Original message
4. That is excellent! Really gets the point across. n/t
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trueblue2007 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 01:00 PM
Response to Original message
5. we would get over $480.00. We are poor
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wildeyed Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 01:02 PM
Response to Original message
6. Big fun!
Thanks.
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annabanana Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 01:06 PM
Response to Original message
7. !
(more than I thought!)
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dana_b Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 01:11 PM
Response to Original message
8. woo hoo!!
I wouldn't owe, like I did this year. I'd get some back instead. :thumbsup:
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The Sushi Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 01:34 PM
Response to Original message
9. I would get more too!
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terip64 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 01:54 PM
Response to Original message
10. Kick to get this out! Send it to all your friends! n/t
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terip64 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 01:56 PM
Response to Original message
11. kick! n/t
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 02:00 PM
Response to Original message
12. WOOT!!!: "Your Obama Tax Cut is: $757.40!"
Off to the Greatest Page with yah!
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The Sushi Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 02:11 PM
Response to Original message
13. K&R
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progressiveforever Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 02:16 PM
Response to Original message
14. Mine is $2,934.40
That's incredible
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usregimechange Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 02:21 PM
Response to Original message
15. Post this every where you can
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usregimechange Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 02:26 PM
Response to Original message
16. kick
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smoogatz Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 02:36 PM
Response to Original message
17. Can't be sure until we figure everything up--
but enough to make the lease payments on the mini-van for a year, roughly. And that ain't bad.
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usregimechange Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 03:28 PM
Response to Original message
18. kick
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dana_b Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 05:30 PM
Response to Original message
19. I want to thank you again BECAUSE....
i sent your link to some friends and one (Democrat) wrote this to me (Warning: Republican LIES ahead!!):


Ok, I'm glad you sent this! This is what I got from a republican supplier of mine at work. Scared me, for reals! Read on...

Subject: I received the following (including the commentary) from a CPA friend of mine

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.
< B>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 (find your bracket)
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 (reverse all 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% (in 2010) (No change)

OBAMA 50% Restore the inheritance tax

How does this affect you?

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 BEING PROPOSED BY OBAMA
&nbs p;
New government taxes proposed on every home that is more than 2400 square feet.

New gasoline taxes

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!!!

THE FOREGOING IS SOMETHING YOU SHOULD BE AWARE OF. . . IT SHOULD MAKE YOU THINK BEFORE YOU CAST YOUR VOTE IN NOVEMBER.
Please spread the word. This will catch a lot of families off guard.
I'm wondering where all his $50 plus millions of campaign dollars M ONTHLY are coming from?
(it has to be Corporations and Big Interest Money, as the common man doesn't have that much
to give every month).


I should never be surprised by their out and out lying... but it makes me realize that some Repubs are some of they most disingenuous, low lifes on the planet.
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RepublicanElephant Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 06:26 PM
Response to Original message
20. thanks! will get the word out on this one! n/t
;)
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terip64 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 07:15 PM
Response to Original message
21. kick
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Shine Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 07:17 PM
Response to Original message
22. Damn, that's a lotta coin!! Thanks for the link!
:woohoo:
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 07:19 PM
Response to Original message
23. we need to send this link BACK to every McCain spammer who sends out emails
Send it to ALL your republican relatives!!!
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ContinentalOp Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-06-08 07:21 PM
Response to Original message
24. Woah, between $2500 and $3500 depending on how much we make this year!
Sweet. I was thinking it would stay about the same for us.

Maybe you should edit your post to link directly to the calculator.
http://alchemytoday.com/obamataxcut/
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terip64 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-07-08 07:16 AM
Response to Original message
25. kick for morning crowd. n/t
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terip64 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-07-08 07:32 AM
Response to Original message
26. kick
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