posted on Aug, 22 2008 @ 03:36 PM
From the beginning, I will have to say that I do not know everything at all from politics of US, since I am a foreigner. However, since we are allowed
to stay on facts, here comes:
What you basically see is that historically speaking, Obama has been winning all the time, while McCain has been unable to keep up. I'd say that
history repeats itself (and I speak in context of history, mind you) in a sense that unless a scandal comes first, both of these candidates are in a
tie. There have been, as far as I know, no big scandals for either of candidates. They are both also able to maintain a steady 40+% acceptance, and
have been for months or so. This means nothing, though, but I did want to give a reference to check acceptance ratings a bit before going any
McCain has proposed immediate expensing for capital investment, which means that investment capital can be deducted in the year it is incurred, like
all other business expenses, rather than spread over many years under arbitrary depreciation schedules
Basically, then, McCain wants companies to be able to spread and divide their stocks further by giving a carrot of less taxes for doing that. Since we
know that when companies go into stockmarket, and whenever a company of good profit changes its number of stocks, prizes will increase, this would
actually benefit economy. This happens because companies would have an increased motivation to do this kind of thing.
What does not work however is that federal tax income would go down. Basic taxes paid by investors are not exactly of same amount than what companies
would get by doing this, and this would also increase number of lowering prizes due to dividing number of stocks and then selling it.