Wednesday, October 22, 2008
Saturday, September 20, 2008
Thursday, June 26, 2008
John McCain Won't Raise Your Taxes-Obama will
The following are some of Obama's Taxing proposals :
- He will create a 60 percent tax bracket for upper-income Americans and raise the top bracket to 40 percent. He will apply FICA taxes to all income, not just that under $100,000 as at present. ( 40 %+ FICA’s 12.5 % + Medicare’s 2 % + state and local taxes averaging, after deduction, at 5-6 %=60 %. (Source-Dick Morris )
- He will double the capital gains tax. The likelihood of an Obama Presidency could trigger a Stock Market Crash as investors rush to sell shares to avoid the higher rates of capital gains tax.
- He will double the dividend tax.
- His opposition to nuclear power and extra oil drilling means that energy prices will remain high. America's over reliance on oil imports will continue.
Obama plans to raise spending by $800 billion over 4 years. The Tax Payer will fund the Socialist policies of a President Obama.
Tuesday, June 10, 2008
Obama the Big Spender makes Pricey Promises -So says the National Taxpayers Union (NTU)
- Presidential Candidate
- John McCain
- Barack Obama
- Congressional Spending
- $8.8 billion
- $40.5 billion
- Proposed Spending
- $6.9 billion
- $307.2 billion
* NTU Congressional Rating
- John McCain
- 88% (A)
- Barack Obama
- 5% (Fail)
*The Washington DC- based National Taxpayers Union, a non profit making group which aims to protect private wallets from the government's claws rated both candidates based on his willingness to spend the taxpayers priceless dollars. Here Obama scores just 5% indicating an irresponsible approach to spending. An Obama Presidency will be characterised by rocketing taxation.
John McCain scores an excellent 88% indicating that he is a prudent spender. The natural corollary of this is that a McCain Presidency will be characterised by low taxation.
Wednesday, June 4, 2008
New Orleans Speech:McCain outlines his vision for the future and proves that he is the real candidate for change
In a wide-ranging and skilfully constructed speech tonight, John McCain outlined his blueprint for change. This would involve huge support for renewable energy, education reform, stringent curbs on wasteful expenditure, reduced taxes and a strong military. He would work with Republicans and Democrats alike to increase the prosperity of the country.
He opened by paying tribute to Hillary Clinton and made a strong play for disaffected Clinton voters.
He skilfully outlined his differences with the Bush administration on the war in Iraq, federal spending, emergency aid and the environment.
He stressed that he believed in change for the future-the right type of change whereas Obama believed in the wrong type of change- a change to the failed policies of the past.
He emphasized his determination to ruthlessly prune wasteful Government spending. He explained how he had opposed the Bush administration and Democrats on escalating federal expenditure. He strongly opposed Big Government; in contrast Obama continuously voted for ever increasing Government expenditure. Obama has the most liberal voting record of any senator in the country.
He explained how Obama would increase taxes on the old, those who invest in the stock market and on families.
McCain outlined how he had put the country before party whereas Obama had failed to take on special interests within the Democratic Party. McCain had opposed corruption in both parties.
He outlined the dangers posed by Obama's lack of foreign policy experience. He described how Obama had voted to deny funds to the soldiers in Iraq. How he had failed to travel to Iraq. He stated that the course advocated by Obama would draw the US into a wider war.
He criticised Obama’s promises to row back on free trade. Such a misguided policy would not restore lost jobs. It was pointless offering false hope to workers.
McCain has made a good start to his campaign.
