New Taxes Proposed : Can We Afford NSPP Democrats

This is old news but worth taking another look - George Bush can not say he held the line on spending as his record will show he didn't veto any spending bill in his first six years in office - something he can not be proud of -

On the other hand he did cut taxes that brought us out of a recession in 2001 after the collapse of the stock market bubble - remember the dotComs? They took nearly 3 1/2 trillion dollars away from us, that affected anyone that has a 401K or other savings funds that is invested in our market economy. Invested in the future of America.

Bush's tax cuts put a foundation in our market economy that has prevented another crash like that again - the slump that we are in now is nothing like what happened seven years ago. The slump we are in now is just that - a slump that will turn, as it always does, into a rising market for the next several years if the politicians don't screw up by letting the tax cuts expire in 2010.

Did the tax cuts benefit only the 1% rich that pay 39% of all taxes? Or did you and I get our share as well? Look around and be honest -

The following facts show the New Socialist Progressive Party, liberal Democrats, will do just that - if you ever thought about getting ahead, wanting a better life through hard work or just want to build a foundation for retirement, you can forget it - it won't happen.

The NSPP have an agenda - it's not a new one, just more of what they have done in the past only this time they what to make it all permanent - take from the productive and give to the unproductive. This applies to you and me, not to those NSPP's sitting the seats of power.

Do not vote-in the NSPP - America depends on free markets and freedom to chose one's own destiny.

Think before you vote and keep the faith, the battle is joined!

Proposed changes in taxes after 2008 General election:

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, youwill pay 28% of your gain on taxes. If you are heading toward retirementand would like to down-size your home or move into a retirementcommunity, 28% of the money you make from your home will go to taxes.This proposal will adversely affect the elderly who are counting on theincome from their homes as part of their retirement income.

DIVIDEND TAX

MCCAIN15% (no change)

OBAMA39.6%
CLINTON39.6%

How will this affect you? If you have any money invested in stockmarket, IRA, mutual funds, college funds, life insurance, retirementaccounts, or anything that pays or reinvests dividends, you will now bepaying nearly 40% of the money earned on taxes if Obama or Clintonbecome president. The experts predict that "Higher tax rates ondividends and capital gains would crash the stock market yet doabsolutely 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 straightforward.

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 andranches, and homes that have been in their families for generationsbecause they could not afford the inheritance tax. Those willing theirassets 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 squarefeet
* 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 samelevel of medical care as other third-world countries!!!

Can you afford Clinton or Obama?