2008 Presidential Candidate Comparisions

ISSUE

McCAIN

OBAMA

Favors new drilling offshore US

Yes

No

Will appoint judges who interpet the law and 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

15% or higher on home sales.

If you sell your home and make a profit, you will pay 15% 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, 15% of the money you make from your home will go to taxes.

The proposed increase would only affect households with income of more than $250,000 or individuals over $200,000.

DIVIDEND TAX

MCCAIN

15% (no change)

OBAMA

15% or higher

(How will this affect you?)

The proposed increase would only affect households with income of more than $250,000 or individuals over $200,000.

INCOME TAX

MCCAIN


Over $2.9M tax  -$269,364
$603K and up tax  -$45,361
$227K – $603K tax  -$7,871
$161K – $227K tax  -$4,380
$112K – $161K tax  -$2,614
$66K – $112K tax  -$1,009
$38K – $66K tax  -$319
$19K – $38K tax  -$113
Under $19K tax  -$19

OBAMA


Over $2.9M tax  +$701,885
$603K and up tax  +$115,974
$227K – $603K tax  +$12
$161K – $227K tax  -$2,789
$112K – $161K tax   -$2,204
$66K – $112K tax   -$1,290
$38K – $66K tax  -$1,042
$19K – $38K tax   -$892
Under $19K tax  -$567

INHERITANCE TAX

MCCAIN

Proposed raising the estate tax exclusion amount to $5 million and setting a maximum estate tax rate of 15%.

OBAMA

Proposed raising the estate tax exclusion amount to $3.5 million and setting a maximum estate tax rate at the current level of 45%.

TAXES PROPOSED BY OBAMA

  • New taxes on natural resources consumption (heating gas, water, electricity).
  • New taxes to pay for socialized medicine.

VERIFY ABOVE INFORMATION

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3 thoughts on “2008 Presidential Candidate Comparisions

  1. Hmmm. This looks awfully anti-Obama. And I know that there is verification, but didn’t Obama say that he supports lowering taxes for the middle class? With this graph, it looks like he wants to raise the middle class tax… odd.

  2. I did some checking on the tax information and updated it. Even though I am a McCain supporter, this comparison was not meant to be anti-Obama. I took an existing viral email that has been going around with a lot of wrong information and edited it. Hopefully, what is now represented in the chart is more truthful.

  3. Thanks man, I think this chart gives a better picture of the overall picture. Obama politics are very liberal, I don’t think Americans realize that. Although I am an Independant leaning towards Obama, I think it is really surprising at all the tax raising he is going to do. Tax cuts are not beneficial to the economy, but they do make everyone’s wallets a lot less full…

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