Why I'm Voting Republican

Only the facts.

2008 PRESIDENTIAL CANDIDATE COMPARISON ISSUE

Favors new drilling offshore US

McCain-Yes

Obama-No

Will appoint judges who interpret the law, not make it

McCain-Yes

Obama-No

Served in the US Armed Forces
McCain-Yes

Obama-No

Amount of time served in the US Senate
McCain-22 YEARS

Obama-173 DAYS

Will institute a socialized national health care plan
McCain-No

Obama-Yes

Supports abortion throughout the pregnancy
McCain-No

Obama-Yes

Would pull troops out of Iraq immediately
McCain-No

Obama-Yes

Supports gun ownership rights
McCain-Yes

Obama-No

Supports homosexual marriage
McCain-No

Obama-Yes

Proposed programs will mean a huge tax increase
McCain-No

Obama-Yes

Voted against making English the official language
McCain-No

Obama-Yes

Voted to give Social Security benefits to illegals
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. (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
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

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- 0% (No change, Bush repealed this tax)

OBAMA
Restore the inheritance tax . How does it affect you? 50% taxes on your estate after you die. The family farm will have to be divided in half to pay this tax.
The largest transfer of wealth will be in the next 20-30 years. $40-50 Trillion dollars is expected to change hands.

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://bulletin.aarp.org/yourworld/politics/articles/mccain_obama_offer_different_visions_on_taxes.html%A0http://blog.washingtonpost.com/fact-checker/candidates/barack_obama/
http://blog.washingtonpost.com/fact-checker/candidates/john_mccain/