Subject: Presidential Candidate Comparisons

Subject: Presidential Candidate Comparisons

ISSUE JOHN MCCAIN BARAK OBAMA


Favors new drilling offshore US - John McCain -Yes, Obama -No

Will appoint judges who interpret the law not make it - John McCain - Yes, Obama -No

Served in the US Armed Forces - John McCain - Yes, Obama - No

Amount of time served in the US Senate John McCain - 22 YEARS, Obama - 173 DAYS

Will institute a socialized national health care plan John McCain - No, Obama -Yes

Supports abortion throughout the pregnancy John McCain - No, Obama -Yes

Would pull troops out of Iraq immediately John McCain -No, Obama-Yes

Supports gun ownership rights John McCain -Yes, Obama -No

Supports homosexual marriage John McCain -No, Obama -Yes

Proposed programs will mean a huge tax increase John McCain -No, Obama -Yes

Voted against making English the official language John McCain -No, Obama -Yes

Voted to give Social Security benefits to illegals John McCain - No, Obama -Yes


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.

OBAMA
28% on profit from ALL home sales.

DIVIDEND TAX
MCCAIN
15% (no change)

OBAMA
39.6% -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 pay nearly 40% of the money earned on taxes.

INCOME TAX
MCCAIN (no changes)
Single making 30K - tax $4,500Single making 50K - tax $12,500Single making 75K - tax $18,750Married making 60K- tax $9,000Married making 75K - tax $18,750Married making 125K - tax $31,250

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

INHERITANCE TAX
MCCAIN
0% (No change, Bush repealed this tax)

OBAMA
Restore the inheritance tax

NEW TAXES PROPOSED BY OBAMA
New government taxes proposed on homes that are more than 2400 square feet. New gasoline taxes. New taxes on natural resources consumption (heating gas, water, electricity) New taxes on retirement accounts. New taxes to pay for socialized medicine.



You can verify the above at the following web sites:
http://money.cnn.com/news/specials/election/2008/index.html

http://www.cnn.com/ELECTION/2008/issues/issues.taxes.htmlhttp://elections.foxnews.com/?s=proposed+taxes

http://blog.washingtonpost.com/fact-checker/candidates/john_mccain/