Over time I have come to understand that the Republican talk heads are very good at getting us to fear the pain of taxes but what they don't tell is its their pain. The other day one of John McCain's financial spokespeople was on Hardball trying to explain McCain's statement that the fundamentals of the economy were strong as the Dow lost 500 points. Later it was noted she did that wearing a designer suit the price of which I could never afford.
Cabo .... you are worried about a 45% death tax. Your post said 55% so that was wrong...but unless the estate is greater than 3.5 million the death tax will be zero for both McCain and Obama. In fact that has really always been true..it was when my mother died. My sisters and I paid no death tax because her estate was under the limit...way under. My brother has a large estate and he is 85...his tax guy has already found ways to transfer the money now and reduce the tax bill. He laughs about it.
If you look at the tax estimates even though George Bush gave the rich BIG tax cuts McCain wants to give them more. Look at the numbers who benefits the most with McCain tax cuts? It isn't the middle class.
One is always able to express their opinion its a free country but you should include false statement disguised as fact like this:
The Wall Street Journal’s Steve Moore has done the math on Obama’s tax plan. He says it will add up to a 39.6 percent personal income tax, a 52.2 percent combined income and payroll tax, a 28 percent capital-gains tax, a 39.6 percent dividends tax, and a 55 percent estate tax.
I don't make $250,000 per year ....my estate is no where near 3.5 million. In my bracket I will pay slightly more under Obama than McCain but not enough to make a difference to me.
Whenever I can I will expose the truth....you can take or leave it. But you can't change the truth.
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