Tuesday, September 16, 2008

Calculate Your Obama Tax Cut!

It's right here. It's fun and easy.

Remember, if anyone tells you Obama will raise taxes on people making under $250,000 a year. they are:

A. Lying
B. Misinformed

If the person telling you this is John McCain, he is:

A. Lying

2 comments:

Anonymous said...

Great calculator. But, what about capital gains? What if I sell my house. He wants to raise the capital gains tax and eliminate the housing shelter of up to $500,000 profit on houses. Also if I have to sell my house for a loss I get taxed on the total sale. Why are these not added into the tax saving calculator?

Joseph said...

NO. UNTRUE. FALSE. Only house profits ABOVE $500,000 for a married couple would be taxable. And capital gains taxes would NOT be greatly increased under Obama. These are Republican lies spreading around. See here:

http://mediamatters.org/items/200806120006