Proposed changes in taxes after 2008 General election
Posted April 15th, 2008 by JohnE1313
output
(Taken directly from the candidates platform proposals)
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(No change, Bush repealed this tax)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!!!
Can you afford Clinton or Obama?
I can't!
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A tax raise in the middle of a recession
will invite anarchy.
I cannot afford Clinton or
I cannot afford Clinton or Obama either. But let's not forget about McCain's "war tax." It seems to me that we are likely to be involved in more wars for many more years with McCain in the White House - and all that war will cost lots of money that the US does not have.
Repealing the 16th Amendment
Repealing the 16th Amendment = Priceless
The one candidate I can afford --->
Dr. Ron Paul. He is free and we should be, too.
The one candidate I can afford --->
Dr. Ron Paul. He is free and we should be, too.
I Just Want an Itemized Bill Showing What I Bought With My Taxes
To start with. I imagine voters would vote down taxes if they saw what they bought.
IMissLiberty
There won't be any real change
I doubt there will be any real change from our current tax code.
We will still have an income tax, as well as most of the other taxes we already pay.
Doesn't matter who wins, unless we get the miracle we all have been working for. RP for Prez!
Davy C Rockett
http://www.thelibertypost...
http://screamfreedom.blog...
http://liberty-central.bl...
Tax man cometh...
Got an email from my RPOFla today w/an article about how Clinton & Obama bring the tax man but McCain "sends him away"... oh man!
It'd be funny if it were not so pitiful. I'm in the process of writing a response to Chairman Jim Greer who made the above statement while attempting to butter up the republican base to McCain. .
McCain does not send the tax man away.... that's either a misinformed statement or a bold faced lie! McCain proposes to take the tax guy and treat him to dinner, perhaps from a thrifty, early bird menue. But that free lunch is still being paid for by us... WE THE PEOPLE!!!
Ron Paul is the ONLY one willing to not only send the tax man away, but leave that tax guy out of business & homeless.
I WILL not vote for McInsane... no matter what!
and...
what is dr.pauls position? i would love to send this to all of my silly obama loving friends and i would like to include dr.paul there also.
any ideas?
Paul's Stance
This is not his official stance, but my interpretation according to his past statments
Paul
(LOTS of changes)
Single making 30K - tax $0
Single making 50K - tax $0
Single making 75K - tax $0
Married making 60K- tax $0
Married making 75K - tax $0
Married making 125K - tax $0
INHERITANCE TAX
Ron Paul 0 %
(No change, Bush repealed this tax and Paul agrees on it)
* No government taxes proposed on homes that are more than 2400 square feet
* Keep current gasoline taxes (and have revenue go to states where gas purchased)
* No new taxes on natural resources consumption (heating gas, water, electricity)
* No taxes on retirement accounts
and last but not least....
* No more taxes to pay for socialized medicine.
You forgot...
...eliminate the "inflation tax."
"We don't have to start a brand new revolution...All we have to do is restore the original Constitution." -Ron Paul
Change
That's the kind of "change" we like...the kind that keeps change in our pockets.
Tax on sale of home
Uh, btw, you are allowed to sell a principal residence once every two years and exclude up to $250,000 ($500,000 for a married couple) of the gain on the sale.
I like this idea better.
April 15th, 2008
A Liberty article
By the power and authority entrusted to us by our Creator, we the people of these united States choose to exercise our unalienable right to establish and define ourselves as free people independent from the government of "THE UNITED STATES OF AMERICA". (Incorporation of District of Columbia by (Presidential) Legislative Act of February 21, 1871)
No existing amendment or law shall have power over this definition as it is de jure, and as such no vote by congress shall be necessary for it to be included into the Constitution nor shall any vote by congress permit the elimination of this definition by law. Our freedom is self evident by law of nature, under the authority of our Creator, that all people have unalienable rights received from our Creator and shall be supported by the actions of the people of these united States.
From this day forward all people within these united States shall be soveriegn with no legal bond under any institutional government, we shall no longer be considered citizens of the United States and subject to the jurisdiction thereof, but are to be considered soveriegn people of these united States with unalienable rights given to us by our Creator as equally held by all earthly kings.
Land Rights
We declare that any land assets held in trust for us by "THE UNITED STATES OF AMERICA" shall be divided into land patents. Distribution of land patents shall be received by people in the form of an allodial title. We shall not recognize rights to lands as were held in trust by the U.S. government which have been given to any government, foreign nation or corporation, other than the government of these united States.
Native American Indian reservation lands including rights held in trust by "THE UNITED STATES OF AMERICA", shall pass exclusively to individual members of the American Indian community in the form of land patents and be distributed to individuals of these tribes and nations in the form of alludial title, which by definition include all mineral rights. The American Indian community consisting of many different tribes shall no longer be bound by any authority of the "THE UNITED STATES OF AMERICA" , and shall establish their own governments as soveriegn individuals such as they find necessary. These American Indian nations are also entitled the right to Statehood if they so choose, as do all other territories currently under the control of "THE UNITED STATES OF AMERICA" and Canada under the terms of the "Articles of Confederation"..
The minimum size of a land patent shall consist of one square foot. The number of land patents each person shall receive will be determined by the total square foot area of land held in trust by "THE UNITED STATES OF AMERICA" divided by the number of people of these united States. These land patents may be traded by the entitled person.
All individuals currently in possession of private lands shall be entitled to have their lands recognized by land patents. Any corporate land held in trust shall negociate with "it's" respective share holders to have transfered all land to private individual ownership for which they shall also be entitled to land patents.
Each State will be entitled to a proportioned part as part of a whole part of additional properties, excluding land, held in trust by "THE UNITED STATES OF AMERCA". Each State shall be entitled to receive a portion of all assets held by THE UNITED STATES OF AMERICA and transfered to the authority of the people of these united States for deposit into the treasury of each independent State.
The sale of all property, excluding land, but including territories not entitled to Statehood and national waters held in trust by "THE UNITED STATES OF AMERICA" shall be actioned exclusively to living individuals of these united States and no foreign nation or corporation shall be allowed to participate in such actions. Purchases will be used to pay in "Real" money, gold or silver, goods or services for all debt owed by "THE UNITED STATES OF AMERICA", as a means of exchange for Federal Reserve Notes in circulation and owed by "THE UNITED STATES OF AMERICA" as outstanding debt to foreign nations and individuals. Upon reciept of these outstanding Federal Reserve Notes of debt, all notes will be destroyed. The Federal Reserve Bank as of the 17th September 2008 will have no right to issue new notes, nor does "THE UNITED STATES OF AMERICA" have the right to create more debt. We the People of these united States, do hereby declare that property ownership shall be recognized by these united States only under the condition of private ownership by individuals; corporations will no longer be recognized as having equal rights to those of an individual. A transition period of no more than 4 years shall pass for the transfer of property titles to individuals. No longer will patents be controlled by "THE UNITED STATES OF AMERICA", but by local governing systems under total control and individual responsibility of the people of these united States, All patents shall hencefore be the full responsibility of the individual owner to protect and defend. Those holding a land patent are liable for all actions which cause damage or interfere with the rights of other land patent owners. All privately owned residential properties shall hold a land patent and the responsibility to protect and defend these land patents shall be with the owner, any recognition or admistration of land patents shall be by local freely elected land patent officials.
We the people establish that no taxes shall be levied against land patents other than freely raise monies between private local neighboring owners of land patents.
Taxes may be applied to corporations who lease multiple land patents from owners for their activities by local governments. All responsibility for activities on lands will be with the owner of the land patent.
We the people do hereby declare that no longer will amendments to the Constitution be honored with respect to taxation beyond those specifically outlined by the original articles. Therefore no federal income tax shall be levied against the people by "THE UNITED STATES OF AMERICA", all user fees solicited in exchange for service, roadways and waterways shall be administered by local elected officials with direct authority strictly from the people. Taxes may be levied against corporations according to State law.
A maximum of 1 year (as of September 17th, 2008) shall pass for the free exchange of Federal Reserve Notes, afterwhich the Federal Reserve Notes will no longer be recognized by the people of these united States of America as money. Real money shall be considered the coinage of gold, silver or other commodity, by which the minting of coins shall be the responsibility of local governments.
No commodidy or service may be restricted for use as a means of exchange as well as no tax may be applied to any kind of trade between individuals.
All local public services shall be the responsibility of the local government to contract and paid for from donations or fees raised from such community or from corporatate taxes within their district. All services shall be privatized and only local government regulations may apply.
Payment of debt held by "THE UNITED STATES OF AMERICA" shall be made to debtors in Federal Reserve Notes, these notes will be valid for trade within these united States for a term of 1 year(as of September 17th, 2008). Federal Reserve Notes after the prescribed date shall no longer be recognized as legal tender in these united States. And all debt shall be paid by "THE UNITED STATES OF AMERICA" by actioning all possessions, excluding land. No transfer of holdings by "THE UNITED STATES OF AMERICA" to any government other than the govenment of these united States will be recognized. "THE UNITED STATES OF AMERICA" reffers to any entity created by the Incorporation of District of Columbia by (Presidential) Legislative Act of February 21, 1871, under the Emergency War Powers Act and the Recostruction Acts.
This article shall become effective on September 17th 2008
"iehuvihs"
________________________________________________________
Personal Liberty declaration
By the power and authority entrusted to me by my Creator, I, a person of these united States, choose to exercise my unalienable right to establish and define myself as free person independent from the government of "THE UNITED STATES OF AMERICA".
grant matthew grobbel
Irrefutable.
Enough said.
McCain Equals Bush!!!
Nice try..... But McCain offers us more George Bush.
http://www.dailypaul.com/...
get real
They all extract the pound of flesh one way or another. I don't see much of a difference between the tax and spend Democrats and the print and spend Republicans.
A vote for McCain is a vote for a One-World Democrat.
A vote for a One-World Democrat is a vote for McCain.
Can our grandchildren's grandchildren afford another globalist in the office of the Presidency?
"We don't have to start a brand new revolution...All we have to do is restore the original Constitution." -Ron Paul
If one thing is good about McCain...
Its about not changing taxes. I would never vote for McCain even if i had a gun to my head. But at least he won't changed the taxes like Clinton/Obama will.
Good for you if you speak truth
BUT you actually believe one word McInsane/Bush Clone promises???
And there just might be a gun to your head AFTER the election.
3 Evils = Equal Evil
RON PAUL OR BUST 2008
I am still writing in Ron Paul
Even if I do have to write it on the electric monitor at my diebold machine.
A Ron Paul write in.....
for me too, if it comes down to that. I absolutely will NOT vote for any of the 3 remaining candidates!