Any Brains Network

ISSUE

JOHN McCain

BARAK OBAMA

Favors new drilling offshore US

Yes

No

Will appoint judges who interpret the law not make it

Yes

No

Served in the  US Armed Forces

Yes

No

Amount of time served in the  US Senate

22 YEARS

173 DAYS

Will institute a socialized national health care plan

No

Yes

Supports abortion throughout the pregnancy

No

Yes

Would pull troops out of  Iraq immediately

No

Yes

Supports gun ownership rights

Yes

No

Supports homosexual marriage

No

Yes

Proposed programs will mean a huge tax increase

No

Yes

Voted against making English the official language

No

Yes

Voted to give Social Security benefits to illegals

No

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 sale will go to taxes.

This proposal will adversely affect the elderly who are counting on 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 money invested in stock market, IRA, mutual funds, college funds, life insurance,

retirement accounts, or anything that pays or reinvests dividends, you will 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)

Income Tax

Single, 30K $ 4,500
Single, 50K $12,500
Single, 75K $18,750
Married, 60K $ 9,000
Married, 75K $18,750
Married, 125K $31,250

OBAMA

(reversion to pre-Bush tax cuts)

Single, 30K $ 8,400
Single, 50K $14,000
Single, 75K $23,250
Married, 60K $16,800
Married, 75K $21,000
Married, 125K $38,750
Under Obama, your taxes could almost double!

INHERITANCE TAX

McCAIN

- 0% (No change, Bush repealed this tax)

OBAMA

Restore the inheritance tax
Many families 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 lose them to these taxes.

NEW TAXES PROPOSED BY OBAMA

New government taxes proposed on homes more than 2,400 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!!!