Post election Taxes-: Is it true and possible? - Nikkis Forum
 
Nikkis Forum

Go Back   Nikkis Forum > General > General

Reply
 
Thread Tools Display Modes
  #1  
Old 07-19-2008, 09:30 AM
thetoecutter's Avatar
thetoecutter thetoecutter is offline
thetoecutter is lurking.
going thru the Chappa'ai
 
Join Date: Jul 2007
Location: Philly
Posts: 332
Diggs: 0
Spent time on board: 2 Days and 18:35:48 Hours
Boobie Bucks: 35,121,573,323
My Mood
Thanks: 45
Thanked 159 Times in 87 Posts
thetoecutter I'm The Mayor of this Townthetoecutter I'm The Mayor of this Townthetoecutter I'm The Mayor of this Townthetoecutter I'm The Mayor of this Townthetoecutter I'm The Mayor of this Townthetoecutter I'm The Mayor of this Townthetoecutter I'm The Mayor of this Townthetoecutter I'm The Mayor of this Townthetoecutter I'm The Mayor of this Townthetoecutter I'm The Mayor of this Townthetoecutter I'm The Mayor of this Town
Post election Taxes-: Is it true and possible?

INTERESTING DATA JUST RECEIVED ON TAXES

This is something you should be aware of so you don't
Get blind sided. This is really going to catch a lot of families off
Guard. It should make you worry. Proposed changes in taxes after 2008 General election:
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 Under Obama, your taxes will more than double! How does this affect you? No explanation needed. This is pretty straight0 forward. INHERITANCE TAX MCCAIN 0% (No change, Bush repealed this tax) OBAMA Restore the inheritance tax
How does this affect you? Many families have lost businesses, farms, 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 only lose them to these taxes. NEW TAXES BEING PROPOSED BY 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!!!


who knows what really will happen
__________________
going thru the Chappa'ai


Reply With Quote
The Following User Says Thank You to thetoecutter For This Useful Post:
Brandi (07-25-2008)
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Gas Prices In True Form! jay General 14 07-09-2008 05:27 AM
Survival of the fittest in its true form chance General 14 06-27-2008 07:29 AM
My First Post Alex Jolie Nude Pic Post 51 04-17-2008 06:34 AM
Nikki is this true? Matt450 General 2 08-29-2007 12:06 AM
post a random true story tat2ist General 3 08-04-2007 04:42 AM


All times are GMT -5. The time now is 08:13 PM.


Powered by vBulletin® Version 3.7.1
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
vBCredits v1.4 Copyright ©2007 - 2008, PixelFX Studios
Copyright 2008 NDN Ventures, Inc