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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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