Show me the Money!


That's part of what this presidential election is going to come down to. Who is going to take your money our of your wallet. Unless you like some of our super rich citizens, who are more than willing to hand up your hard earned cash for the good of the whole, you may be interested in these figures.

Capital Gains Tax:
McCain 15% (no change)
Obama 28%
Clinton 24%

Dividend Tax:
McCain 15% (no change)
Obama 39.6%
Clinton 39.6%

Income Tax:
McCain (no changes)
Single 30K = $4,500 tax
Single 50K = $12,500
Single 75K =$18,750
Married 60K =$9,000
Married 75K =$18,750
Married 125K =$31,250

Obama and Clinton (reversion to pre-Bush tax cuts)
Single 30K =$8,400 Tax
Single 50K =$14,000
Single 75K =$23,250
Married 60K =$16,800
Married 75K =$21,000
Married 125K =$38,750

Inheritance Tax:
McCain 0% (no change, Bush repealed the tax)
Obama Return to inheritance tax
Clinton Return to inheritance tax

Some of the new taxes proposed by both Hillary Clinton and Obama:

Additional gas taxes, new taxes for dwellings over 2400 square feet, new taxes to pay for the multi-billion dollar health care program, taxes on natural resources (gas, water, electricity, etc)

Overall, after analyzing Obama's promised planes and new taxes, which include: Health care ($65 Billion per year); energy plan ($15 Billion a year); national infrastructure re-investment bank ($6 Billion a year); assistance to the poor ; "fairness for middle class"; Economic stimulus package ($75 Billion); education (18 Billion a year); national service plan (&14 Billion a year); foreign assistance funding (increase by $25 Billion per year); "Obama for America" tax of 1/7th of 1% tax to give to poor countries ($845Billion per year), and the list goes on and on. Check it out: http://www.barackobama.com/

All and all, Barack Obama will cost Americans about $874.35 Billion dollars in added programs for one term in the White House. Not bad for a beginner. Hillary Clinton's package is almost the same but with different programs. Now like I said, if Soros, Bloomberg and Hollywood want to pay for this bill, welcome to it, they have more than enough cash to support their socialist dream. I do not believe that the American people can afford such spending. We need government to STOP spending and decrease their appetite. I sort of liked my tax break from President Bush and I'm far from the cream of the crop. I'm not "Rich" but that tax break helped my family, now the with the likes of Obama and Clinton, they want to take those meager funds away so they can re-distribute them to others, even other countries or the United Nations.

Even if you have no concept of foreign relations, economics, judicial matters or military matters, you have to have some knowledge of finances, or your one of those that bought your home without sufficient funds and are now loosing it. This socialist program does NOT belong in America and we cannot afford, financially or historically, to embrace the demise of the American culture and convert it to a socialist government, where every one has a chicken for the pot but you don't have a pot for the chicken.