More taxes, page 1
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Topic started on 31-10-2008 @ 09:18 PM by SwanSword
Here are some highlights of the candidates proposed energy policies:
McCain: No windfall profits tax. Obama: $15 billion. GoBama. Sock it to those big corporations. The stupid people will believe this doesn't affect them. But this tax gets passed on by a rise in gasoline prices. No fat cats are going to take a pay cut. You pay the 15 billion GoBama tax increase.

McCain: $0.184 per gallon gasoline tax reduction. GoBama: No proposed reduction.

McCain: Domestic energy production tax deduction. This increases domestic energy production, and passes the savings on to the consumer. NoBama: Repeal all domestic energy production tax deductions, sticking it to the consumer for another $13.5 billion in gas price increases.

McCain: Energy stock dividends taxed at 15%. With 60% of American adults directly owning energy stocks, in their 401k accounts, IRAs, and mutual funds this looks pretty good. BadBama: I'm going to sock it to those wealthy energy stock owners, with a 39.6% tax rate on their dividends. I don't care is that means 60% of the people lose money. They're busy watching network news.

Energy Corporate Income Tax: McCain: 25% LittleBama: I'm socking it to those fat cats. They can afford it. The people are too stupid to realize they get this taken out of their pockets when they buy gasoline. 35% is my final offer.

Taxes on Foreign Subsidiaries: McCain: 0% Obama: 35%. The consumer pays in higher gasoline prices.

Ethanol tariff: McCain: $0.00 Obama: $0.54 per gallon. Pay at the pump. American motor fuel is 10% ethanol.

Development of Nuclear Energy: McCain: 45 Nuclear Plants by 2030, 100 total goal. Obama: No plan. Nuclear source electricity costs 1/3 of coal source electricity. Or, we can wait a few years, and the currently operating nuclear plants will reach the end of their licensed lifetime of operation. Then we'll have NoElectricity.

This is the tip of the iceberg. If you can't figure out what that means, vote for Obama.


reply posted on 3-11-2008 @ 02:39 PM by elevatedone
A Call To Action: Ending The Political Game on ATS



Closed.

[edit on 3-11-2008 by elevatedone]

[edit on 3-11-2008 by elevatedone]
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