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Old 07-13-2008, 04:48 PM
Honus Honus is offline
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Join Date: Feb 2002
Posts: 2,292
Quote:
Originally Posted by Botnst View Post
...OBAMA
28% on profit from ALL home sales...
Obama wants to eliminate the capital gains exemption for the sale of a home? I doubt that. What's your friend's source?
Quote:
...DIVIDEND TAX

MCCAIN 15% (no change)

OBAMA 39.6%...
Not according to this article:
Quote:
...Barack Obama, on the other hand, wants the maximum tax rate on dividends and capital gains to rise to 24%, but he recommends no tax on capital gains from start-up companies.

http://finance.yahoo.com/expert/article/futureinvest/69452
Quote:
Originally Posted by Botnst
...Under Obama your taxes will more than double!...
I have seen nobody who has analyzed Obama's tax plan that agrees with that statement.
Quote:
...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MCCAIN 0% (No change, Bush repealed this tax)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 and 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 not only lose them to these taxes...
That is certainly one side of this complicated issue.

With all due respect, Botnst, I don't think I will spend much time pondering your friend's analysis. Doesn't seem to be very balanced.
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