Another 'chain' e-mail is making the rounds and seems to stir up the 'herd' in the heartland...<br><br>" INTERESTING DATA JUST RECEIVED ON TAXES"<br><br> This is something you should be aware of so you don't get blind-sided. <br>This is really going to catch a lot of families off guard. It should <br> make you worry.<br><br> Proposed changes in taxes after 2008 General election:<br><br> CAPITAL GAINS TAX<br><br> MCCAIN<br> 0% on home sales up to $500,000 per home (couples) McCain does not <br>propose any change in existing home sales income tax.<br><br> OBAMA<br> 28% on profit from ALL home sales<br><br> How does this affect you? If you sell your home and make a profit, you <br>will pay 28% of your gain on taxes. If you are heading toward retirement<br> and would like to down-size your home or move into a retirement <br>community, 28% of the money you make from your home will go to taxes.<br> This proposal will adversely affect the elderly who are counting on the <br>income from their homes as part of their retirement income.<br><br> DIVIDEND TAX<br><br> MCCAIN 15% (no change)<br><br> OBAMA 39.6%<br><br> How will this affect you? If you have any money invested in stock <br>market, IRA, mutual funds, college funds, life insurance, retirement<br> accounts, or anything that pays or reinvests dividends, you will now be <br>paying nearly 4 0% of the money earned on taxes if Obama become<br> president. The experts predict that 'higher tax rates on dividends and <br>capital gains would crash the stock market yet do absolutely nothing to<br> cut the deficit.<br><br> INCOME TAX<br><br> MCCAIN (no changes)<br><br> Single making 30K - tax $4,500<br> Single making 50K - tax $12,500<br> Single making 75K - tax $18,750<br> Married making 60K- tax $9,000<br> Married making 75K - tax $18,750<br> Married making 125K - tax $31,250<br><br> OBAMA<br> (reversion to pre-Bush tax cuts)<br> Single making 30K - tax $8,400<br> Single making 50K - tax $14,000<br> Single making 75K - tax $23,250<br> Married making 60K - tax $16,800<br> Married making 75K - tax $21,000<br> Married making 125K - tax $38,750<br><br> Under Obama your taxes will more than double! <br> How does this affect you? No explanation needed. This is pretty <br> straight forward.<br><br> INHERITANCE TAX<br><br> MCCAIN 0% (No change, Bush repealed this tax)<br><br> OBAMA Restore the inheritance tax<br><br> How does this affect you? Many families have lost businesses, farms and <br>ranches, and homes that have been in their families for generations<br> because they could not afford the inheritance tax. Those willing their <br>assets to loved ones will not only lose them to< BR>these taxes.<br><br> NEW TAXES BEING PROPOSED BY OBAMA<br> * New government taxes proposed on homes that are more than 2400 square <br>feet<br><br> * New gasoline taxes (as if gas weren't high enough already)<br><br> * New taxes on natural resources consumption (heating gas, water, <br>electricity)<br><br> * New taxes on retirement accounts and last but not least....<br><br> * New taxes to pay for socialized medicine so we can receive the same <br>level of medical care as other third-world countries!!!<br><br> Thank You<br> Robert D. Jenkins<br> Vice President - Investments<br> Chartered Retirement Planning Counselor<br> Wachovia Securities, LLC<br><br><br><br>[color:blue][/b]Hodie mihi. Cras tibi.</font color=blue>[/b]
Karl Inc.<br>are well aware of that,<br>that's why they keep tossing it out there.<br><br>They're aware that many of us see through the tissue of lies<br>and have already admitted that "If even 1% of each attach "hits home"<br>it will collectively & effectively create enough doubt to chip away the undecided vote.<br><br>Interesting that no one's tried stemming the tide of this BS by calling it by it's proper name: "[color:red]Spam</font color=red>"<br><br><br>.<br><br>[color:green]"...or am I a butterfly that's dreaming she's a woman?"</font color=green> <br>
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