Bob Taylor (internet visionary) talks at UT Austin
Bob Taylor was the first project manager and person most responsible for the creation of the first national network — the ARPAnet — which is universally regarded as the precursor to today’s Internet. John Markoff, technology writer for The New York Times, talks with alumnus Taylor about computing, the Internet and its impact on communications and our society. The 1910 Society Lecture Series kicks off the Graduate School’s 100-year celebration and is co-sponsored by the Dell Distinguished Lecture Series and the Department of Computer Science.
Video Rating: 5 / 5
Q&A: obama vs mccain on the issues. your thoughts?
Question by booba: obama vs mccain on the issues. your thoughts?
For those that have difficulty in matching up what these guys are saying.
….
2008 PRESIDENTIAL CANDIDATE COMPARISON TALKING POINTS
ISSUE
JOHN McCAIN
BARACK OBAMA
Favors new drilling offshore US
Yes- JM (Top Always) -No reason just the way it copied.
No- BO (Bottom always)
Will appoint judges who interpret the law 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
28% on profit from ALL home sales. (How does this affect you? If you sell your home and make a profit, you will pay 28% 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, 28% of the money you make from your home will go to taxes. This proposal will adversely affect the elderly who are counting on the income from their homes as part of their retirement income.)
DIVIDEND TAX
MCCAIN
15% (no change)
OBAMA
39.6% – (How will this affect you? If you have any money invested in stock market, IRA, mutual funds, college funds, life insurance, retirement accounts, or anything that pays or reinvests dividends, you will now be paying nearly 40% of the money earned on taxes if Obama becomes president. The experts predict that ‘Higher tax rates on dividends and capital gains would crash the stock market, yet do absolutely nothing to cut the deficit.’)
INCOME TAX
MCCAIN
(no changes)
Single making 30K – tax $ 4,500
Single making 50K – tax $ 12,500
Single making 75K – tax $ 18,750
Married making 60K- tax $ 9,000
Married making 75K – tax $ 18,750
Married making 125K – tax $ 31,250
OBAMA (reversion to pre-Bush tax cuts)
Single making 30K – tax $ 8,400
Single making 50K – tax $ 14,000
Single making 75K – tax $ 23,250
Married making 60K – tax $ 16,800
Married making 75K – tax $ 21,000
Married making 125K – tax $ 38,750
Under Obama, your taxes could almost double!
INHERITANCE TAX
MCCAIN
- 0% (No change, Bush repealed this tax)
OBAMA
Restore the inheritance tax
Many families have lost businesses, farms, ranches, and homes that have been in their families for generations because they could not afford the inheritance tax. Those willing their assets to loved ones will only lose them to these taxes.
NEW TAXES PROPOSED BY OBAMA
New government taxes proposed on homes that are more than 2400 square feet. New gasoline taxes (as if gas weren’t high enough already) New taxes on natural resources consumption (heating gas, water, electricity) New taxes on retirement accounts, and last but not least….New taxes to pay for socialized medicine so we can receive the same level of medical care as other third-world countries!!!
You can verify the above at the following web sites:
http://money.cnn.com/news/specials/election/2008/index..html
http://www.cnn.com/ELECTION/2008/issues/issues.taxes.html
http://elections.foxnews.com/?s=proposed+taxes
http://bulletin.aarp.org/yourworld/politics/articles/mccain_obama_offer_different_visions_on_taxes.html
http://blog.washingtonpost.com/fact-checker/candidates/barack_obama/
http://blog.washingtonpost.com/fact-checker/candidates/john_mccain/
Best answer:
Answer by Nothing is impossible with God
Nicely done. I wasnt aware of the real estate capital gains tax by BO.
Scary stuff.
Give your answer to this question below!
Categories: mutual fund comparison Tags: issues, McCAIN, Obama, THOUGHTS
Senate Session 2011-07-06 (17:25:35-18:33:31)
Senate will continue consideration of the motion to proceed to consideration of S. 1323, Sense of the Senate Regarding the Budget Deficit.
On August 9, 2007, the Political Animals Club of Little Rock gathered at the Governor’s Mansion to honor Thomas F. “Mack” McLarty III, President Clinton’s former chief of staff. In addition to serving in the Clinton administration, McLarty was the youngest member of the Arkansas General Assembly at age 23, the president of Arkansas and Louisiana Gas, and the co-founder of Kissinger McLarty Associates. At this event, McLarty discussed his childhood, his relationship with the Pryors and the Clintons, and his business and political career. Hosted by Political Animals Club Chairman Steve Ronnel, other attendees included First Lady Ginger Beebe, Senator David Pryor and Barbara Pryor.
Categories: mutual fund comparison Tags: 172535183331, 20110706, Senate, Session
Obama or McCain…you choose?
Question by Allen H: Obama or McCain…you choose?
Ok…I have come up with a comparison that I have taken off of both candidates websites on how they feel about several issues, and exactly how it will effect you and I.
HOW DO YOU FEEL?
I HAVE PERSONALLY VERIFIED. MAKE YOU THINK
2008 PRESIDENTIAL CANDIDATE COMPARISON
Favors new drilling offshore US M-Yes O-No
Will appoint judges who interpret the law not make it M-Yes O-No
Served in the US Armed Forces M-Yes O-No
Amount of time served in the US Senate M-22 YEARS O-173 DAYS
Will institute a socialized national health care plan M-No O-Yes
Supports abortion throughout the pregnancy M-No O-Yes
Would pull troops out of Iraq immediately M-No O-Yes
Supports gun ownership rights M-Yes O-No
Supports homosexual marriage M-No O-Yes
Proposed programs will mean a huge tax increase M-No O-Yes
Voted against making English the official language M-No O-Yes
Voted to give Social Security benefits to illegals M-No O-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 28% on profit from ALL home sales. (How does this affect you? If you sell your home and make a profit, you will pay 28% 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, 28% of the money you make from your home will go to taxes. This proposal will adversely affect the elderly who are counting on the income from their homes as part of their retirement income.)
DIVIDEND TAX
MCCAIN 15% (no change)
OBAMA 39.6% – (How will this affect you? If you have any money invested in stock market, IRA, mutual funds, college funds, life insurance, retirement accounts, or anything that pays or reinvests dividends, you will now be paying nearly 40% of the money earned on taxes if Obama becomes president. The experts predict that ‘Higher tax rates on dividends and capital gains would crash the stock market, yet do absolutely nothing to cut the deficit.’)
INCOME TAX
MCCAIN
(no changes) Single making 30K – tax $ 4,500
Single making 50K – tax $ 12,500
Single making 75K – tax $ 18,750
Married making 60K- tax $ 9,000
Married making 75K – tax $ 18,750
Married making 125K – tax $ 31,250
OBAMA (reversion to pre-Bush tax cuts) Single making 30K – tax $ 8,400
Single making 50K – tax $ 14,000
Single making 75K – tax $ 23,250
Married making 60K – tax $ 16,800
Married making 75K – tax $ 21,000
Married making 125K – tax $ 38,750
Under Obama, your taxes could almost double!
INHERITANCE TAX
MCCAIN – 0% (No change, Bush repealed this tax)
OBAMA Restore the inheritance tax
Many families have lost businesses, farms, ranches, and homes that have been in their families for generations because they could not afford the inheritance tax. Those willing their assets to loved ones will only lose them to these taxes.
NEW TAXES PROPOSED BY OBAMA
New government taxes proposed on homes that are more than 2400 square feet. New gasoline taxes (as if gas weren’t high enough already) New taxes on natural resources consumption (heating gas, water, electricity) New taxes on retirement accounts, and last but not least….New taxes to pay for socialized medicine so we can receive the same level of medical care as other third-world countries!!!
You can verify the above at the following web sites:
http://money.cnn.com/news/specials/election/2008/index.html
http://www.cnn.com/ELECTION/2008/issues/issues.taxes.html
http://elections.foxnews.com/?s=proposed+taxes
http://bulletin.aarp.org/yourworld/politics/articles/mccain_obama_offer_different_visions_on_taxes.html
http://blog.washingtonpost.com/fact-checker/candidates/barack_obama/
http://blog.washingtonpost.com/fact-checker/candidates/john_mccain/
Don’t you just love those people that like to place blame on GWB, when the fact is, the Democrats controlled both the house and Senate during his time as Pres. If blame is to be had, lets blame both parties ok!!
Best answer:
Answer by concys
McCain/Palin ’08
Know better? Leave your own answer in the comments!
Categories: mutual fund comparison Tags: Choose, McCain...you, Obama
Online Broker TradeKing Announces Line-up for November Free Webinar Series; Covers Strategies and Tools to Help Identify Trading Opportunities
Online Broker TradeKing Announces Line-up for November Free Webinar Series; Covers Strategies and Tools to Help Identify Trading Opportunities
Boca Raton, FL (PRWEB) October 29, 2010
Online broker dealer TradeKing (http://www.tradeking.com) today outlined the schedule for its November 2010 free online webinar series. TradeKing’s webinar series is designed to inform and educate all levels of traders, from rookies to veterans. This month’s topics focus on a combination of techniques designed to help more seasoned traders evaluate uncertain market conditions and everyday best practices and tools for beginning traders. They cover technical indicators to estimate market tops and bottoms, ways to approximate short-term market reversals, trading journals to measure personal performance, TradeKing’s “Fig Leaf Strategy” for the leveraged covered call, and how to use basic charts to confirm or refute trade ideas.
The November 2010 webinars will feature the following sessions: “Power Tools for Market Tops and Bottoms” with Chris Wilson of Cyclespreads.com; “Three Simple Methods for Gauging Market Reversals” with Andrew Hart of BigTrends.com; “Trading Journals: the Basics” with Darren Miller of Psychtrader.com; a continuation of the popular Options Playbook Series with “The Options Playbook Series, part 12: The Fig Leaf Strategy” from TradeKing’s Senior Options Analyst and Options Playbook author, Brian Overby; and “Charting for Real People,” with Michael Kahn of QuickTakesPro.com.
TradeKing’s webinars are free and open to all investors. The December 2010 webinar schedule will be available starting November 22.
November 2010 Webinar Schedule:
Tuesday, November 2 at 5pm ET
Power Tools for Market Tops and Bottoms
with Chris Wilson of Cyclespreads.com
Tuesday, November 9 at 5pm ET
Three Simple Methods for Gauging Market Reversals
with Andrew Hart of BigTrends.com
Tuesday, November 16 at 5pm ET
Trading Journals: The Basics
with Darren Miller of Psychtrader.com
Tuesday, November 23 at 5pm ET
The Options Playbook Series, part 12: The Fig Leaf Strategy
with Brian Overby of TradeKing.com
Tuesday, November 30 at 5pm ET
Charting for Real People
with Michael Kahn of QuickTakesPro.com
About TradeKing
TradeKing (http://www.tradeking.com) is a nationally licensed online stock and options broker dealer offering simple, low trading fees ($ 4.95 per trade plus $ .65 per option contract) with no hidden costs or account minimums.1 A pioneer in integrating new financial social media as part of its innovative online equities, options trading and fixed-income trading platform, TradeKing has received multiple five-star ratings from top industry sources and was given five stars in customer service by SmartMoney2 Magazine, ahead of OptionsXpress, Scottrade, Fidelity and TD Ameritrade. (June 2009 SmartMoney Broker Survey).
Follow TradeKing on Twitter at http://twitter.com/TradeKing.
Options involve risk and are not suitable for all investors. For more information, please review the Characteristics and Risks of Standard Options brochure before you begin trading options. Options investors may lose the entire amount of their investment in a relatively short period of time.
TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice. The content of this press release is provided for educational and informational purposes only, does not constitute a recommendation to enter in any of the securities transactions or to engage in any of the investment strategies presented herein, and does not represent the opinions of TradeKing or its employees.
Multiple leg options strategies involve additional risks and multiple commissions, and may result in complex tax treatments. Please consult a tax professional prior to implementing these strategies.
Online trading system response and access times may vary due to market conditions, system performance, and other factors.
Member FINRA/SIPC.
(1) Please see http://www.tradeking.com/fees for more details on trade commissions for low priced stock, bonds, mutual funds and other securities.
(2) TradeKing was ranked #1 in Customer Service in the SmartMoney June 2010 Broker Survey based on the following categories: Mutual Funds & Investment Products, Banking Services, Trading Tools, Research, and Customer Service. SmartMoney is a registered trademark of SmartMoney, a joint publishing venture between Dow Jones & Company, Inc. and Hearst Partnership. Supporting documentation for any claims, comparison, statistics, or other technical data, will be supplied upon request by calling 877-495-5464 or via email at service(at)tradeking(dot)com.
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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Categories: mutual fund comparison Tags: Announces, broker, covers, Free, Help, Identify, Lineup, November, Online, Opportunities, Series, Strategies, tools, TradeKing, Trading, Webinar
actuary salaries compared to finance?
Question by Joe: actuary salaries compared to finance?
There is plenty of information on the Internet pertaining to the salary comparisons between actuarial science and the financial industry, but those informational sources differ so wildly that there seems to be no way to really isolate truth from fiction. For example, DW Simpson has the well-known salary survey, which can be found here http://www.dwsimpson.com/salary.html yet there are also hedge fund salaries which can be found here http://www.careers-in-finance.com/hfsal.htm the difference between the dwsimpson salaries and the median salaries of the positions listed for hedge funds is astronomical! Given the fact that the necessary skill set between the two careers is so similar, why would anyone want to become an actuary? Yes, yes, I know the standard answers in favor of the actuarial career: job security, respect, and fewer hours, but come on with 10 years of experience working in the hedge fund industry a person could be making well over a million every single year while the actuary would be plodding along at, what, $ 100k or so with that many years of experience?
Still, there are many other sources online claiming that a finance career in, say, asset management averages about $ 100k with a CFA. I currently have a bachelor’s in math, a master’s in economics, and then in addition to those degrees I returned to the university as a non-declared graduate student to take four graduate-level finance classes: time series analysis, international business finance, investment strategies, and derivatives markets. Would these credentials be sufficient to enter a finance career and asset management in particular?
My specific request is this: will someone help me to connect these differences in salaries and construct a realistic assessment of the possibilities involved? For instance, is obtaining those hedge fund salaries, much less a hedge fund job, difficult? What is the difficulty of becoming a portfolio manager in general, whether hedge fund or otherwise (mutual fund is the only alternative I can think of)? Are those jobs difficult to move into? How do the salaries of non-hedge fund asset management jobs compare to the long-term salaries of actuarial science jobs (thinking in terms of job security, and consequently, steady income over time as opposed to hedge fund strategies becoming obsolete thus causing the fund to close up shop)?
This question post is focused on salaries because after reading about finance careers (vault books, my life as a quant by emanuel derman, and others) and actuarial careers, I’ve pretty much decided that the work involved in both fields is equally satisfying to me, which leaves only decisions about salary, quality of life, etc. I graduated from a lower-level school which would probably be the equivalent of one step below a big 10 university, although the math and finance departments are quite strong here. Finance is in the top 5% of all research institutions. However, investment firms are likely to expect me to find lower-level work experience in finance before considering me for those positions given to fresh graduates from ivy league or wherever, but I’m willing to do that if the actuarial path emerges as the less appealing option.
Thanks in advance to all who are willing to contribute answers.
Best answer:
Answer by gamefreak
try other sites…people are just lazy here…reading…sorry
Add your own answer in the comments!
Categories: mutual fund comparison Tags: actuary, Compared, Finance, Salaries
Who else among blacks and Latinos thinks that the Pew Research is a wake up call?
Question by Red Sox 27149: Who else among blacks and Latinos thinks that the Pew Research is a wake up call?
Investing and savings are key to wealth. Not hoping to win the Lottery or giving birth to a singer, actor or potential NCAA Basketball player. This is why Whites hand money and property down generation to generation. Among the findings are:About a quarter of all black and Hispanic households owned nothing but a car in 2009. Just 6 percent of whites and 8 percent of Asians were in that situation.
Whites were less affected by the crisis, largely because their wealth flowed from assets other than housing, like stocks. A third of whites owned stocks and mutual funds in 2005, compared with 8 percent of Hispanics and 9 percent of blacks.
The median value of stocks and mutual funds owned by whites dropped by 9 percent from 2005 to 2009. In comparison, the median value of holdings for those blacks who held stocks dropped by 71 percent, most likely because they had to sell when prices were low, Mr. Taylor said.
Hispanic families accounted for the largest single decline in wealth of any ethnic and racial group in the country during the recession, according to a study published Tuesday by the Pew Foundation.
Stop living for payday and plan for generations and invest.
http://www.nytimes.com/2011/07/26/us/26hispanics.html
http://pewresearch.org/pubs/2069/housing-bubble-subprime-mortgages-hispanics-blacks-household-wealth-disparity
Noah H-My family and I have saved, invested and money has been handed down. I am black and Latino. There have been Millionaires in my family for 3 Generations. Insurance, business, real estate, annuities, stocks, bonds, treasuries, cash, credit have ensured that we have been insulated against economic down turns. I wish other Minorities would be as frugal as my family has been.
Best answer:
Answer by PoohBearPenguin
In other words:
Rich people have more money, so they invest and save more, and as a result, have more to pass down to their children.
Poor people have less money, so they can’t invest or save because they have to use what they’re making just to meet their daily living expenses and as a result have little, if anything, to pass down to their children.
Or…”Duh!”
This isn’t a racial issue. It’s about socio-economics, not the color of your skin.
Sure, people in general should be more educated about handling money. The poor should stop spending so much on those lotteries they’re never going to win, and should at least try to put SOMETHING away each month. At the same time, it’s ludicrous to be talking about “stocks” and “mutual funds” to people who barely make $ 35,000/year before taxes to support a family of 4 when these people are struggling to make ends meet as it is.
Add your own answer in the comments!
SunGard Expands SGN Short-Term Investment Portal for Cash Managers with Addition of BofA Funds
SunGard Expands SGN Short-Term Investment Portal for Cash Managers with Addition of BofA Funds
(Vocus) November 9, 2010
SunGard has added BofA Global Capital Management’s U.S. money market funds (the “BofA Funds”) to its SunGard Global Network (SGN) Short-Term Cash Management portal. SGN is a global, multi-currency trading and connectivity solution that helps institutional cash investors, such as corporate treasurers, local authorities and asset managers, meet their short-term investment requirements.
Investors today demand higher levels of liquidity and credit transparency combined with competitive yields. Money market funds help them actively manage their portfolios while diversifying their counterparty risk. SunGard’s SGN Short-Term Cash Management portal provides access to research, analysis and other information on hundreds of money market funds worldwide to help meet these demands. The portal presents historical data on one platform, along with yield comparisons and filters on ratings, giving cash managers access to their investments and the ability to streamline the entire process.
BofA Global Capital Management is an asset management division of Bank of America Corporation. BofA Global Capital Management entities furnish investment management services and products for institutional and individual investors. This includes taxable and tax-exempt money market funds, multi-currency offshore funds and customized separate account strategies. According to BofA, as of September 30, 2010, the BofA Global Capital Management business had more than $ 98 billion in assets under management.
Bob Ward, chief operating officer of SunGard’s wealth management business, said, “Institutional investors come to SunGard for solutions that help them connect to their valued partners, like BofA Global Capital Management, in a fully-disclosed, transparent manner. We are pleased that the BofA Funds are now available via the SunGard Global Network.”
About SunGard Global Network
A trade automation and connectivity solution, the SunGard Global Network links institutions throughout the financial services value chain, offering services for equity, fixed income securities, listed derivatives, mutual funds, money market funds and other cash equivalents. The SunGard Global Network helps automate the entire trade lifecycle from order execution through to post-trade processing. It provides access to 110 markets worldwide and connects the buy-side, third party networks, broker/dealers and investment companies, including more than 2,000 asset managers and 500 broker connections. Its international connectivity hubs also support low-latency market data delivery from global markets.
About SunGard
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue exceeding $ 5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, visit http://www.sungard.com.
BofA Global Capital Management is not affiliated with SunGard. This content has been provided for informational purposes only without regard to any particular user’s investment objectives, financial situation, or means, and by posting such information SunGard is not soliciting any action based upon such information. The information provided is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any particular trading strategy in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The securities and services mentioned may not be available to retail investors, and may not be registered or authorized in certain jurisdictions and therefore may not be available to certain clients.
SGN Brokerage Services offered throughout Europe, the Middle East, Africa and Asia Pacific are provided by SunGard Global Execution Services Limited – Authorised and Regulated by the Financial Services Authority * Registered in England and Wales No. 3127109 * Registered Office: 25 Canada Square, London E14 5LQ. SunGard Global Execution Services Limited is exempted from licensing under Australia Securities & Investments Commission Class Order 03/1099 and is regulated by the FSA under UK laws, which differ from Australian laws.
SGN brokerage products and services offered in the United States and Canada are provided by SunGard Institutional Brokerage Inc. * Member FINRA/SIPC * 377 E. Butterfield Rd., Suite 800 * Lombard, IL, USA 60148
Trademark Information: SunGard, the SunGard logo and the SunGard Global Network are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
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, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Find More Mutual Fund Comparison Press Releases
Categories: mutual fund comparison Tags: Addition, BofA, cash, expands, Funds, Investment, Managers, Portal, shortterm, SunGard
Forget the hype, forget the rhetoric. Here is the simple math. The question is…who will you vote for?
Question by The Wiz: Forget the hype, forget the rhetoric. Here is the simple math. The question is…who will you vote for?
SIMPLE MATH:
2008 PRESIDENTIAL CANDIDATE COMPARISON TALKING POINTS
THE ISSUES:
JOHN McCAIN / BARACK OBAMA
Favors new drilling offshore US
JM – Yes
BO – No
Will appoint judges who interpret the law not make it
JM – Yes
BO – No
Served in the US Armed Forces
JM – Yes
BO – No
Amount of time served in the US Senate
JM – 22 YEARS
BO – 173 DAYS
Will institute a socialized national health care plan
JM – No
BO – Yes
Supports abortion throughout the pregnancy
JM – No
BO – Yes
Would pull troops out of Iraq immediately
JM – No
BO – Yes
Supports gun ownership rights
JM – Yes
BO – No
Supports homosexual marriage
JM – No
BO – Yes
Proposed programs will mean a huge tax increase
JM – No
BO – Yes
Voted against making English the official language
JM – No
BO – Yes
Voted to give Social Security benefits to illegals
JM – No
BO – 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
28% on profit from ALL home sales. (How does this affect you? If you sell your home and make a profit, you will pay 28% 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, 28% of the money you make from your home will go to taxes. This proposal will adversely affect the elderly who are counting on the income from their homes as part of their retirement income.)
DIVIDEND TAX
MCCAIN
15% (no change)
OBAMA
39.6% – (How will this affect you? If you have any money invested in stock market, IRA, mutual funds, college funds, life insurance, retirement accounts, or anything that pays or reinvests dividends, you will now be paying nearly 40% of the money earned on taxes if Obama becomes president. The experts predict that ‘Higher tax rates on dividends and capital gains would crash the stock market, yet do absolutely nothing to cut the deficit.’)
INCOME TAX
MCCAIN
(no changes)
Single making 30K – tax $ 4,500
Single making 50K – tax $ 12,500
Single making 75K – tax $ 18,750
Married making 60K- tax $ 9,000
Married making 75K – tax $ 18,750
Married making 125K – tax $ 31,250
OBAMA (reversion to pre-Bush tax cuts)
Single making 30K – tax $ 8,400
Single making 50K – tax $ 14,000
Single making 75K – tax $ 23,250
Married making 60K – tax $ 16,800
Married making 75K – tax $ 21,000
Married making 125K – tax $ 38,750
Under Obama, your taxes could almost double!
INHERITANCE TAX
MCCAIN
– 0% (No change, Bush repealed this tax)
OBAMA
Restore the inheritance tax
Many families have lost businesses, farms, ranches, and homes that have been in their families for generations because they could not afford the inheritance tax. Those willing their assets to loved ones will only lose them to these taxes.
NEW TAXES PROPOSED BY OBAMA
New government taxes proposed on homes that are more than 2400 square feet. New gasoline taxes (as if gas weren’t high enough already) New taxes on natural resources consumption (heating gas, water, electricity) New taxes on retirement accounts, and last but not least….New taxes to pay for socialized medicine so we can receive the same level of medical care as other third-world countries!!!
You can verify the above at the following web sites:
http://money.cnn.com/news/specials/election/2008/index.html
http://www.cnn.com /ELECTION/2008/issues/issues.taxes.html
http://elections.foxnews.com/?s=proposed+taxes
http://bulletin.aarp.org/yourworld/politics/articles/mccain_obama_offer_different_visions_on_taxes.html
http://blog.washington
SORRY…here’s the right link:
http://www.cnn.com/ELECTION/2008/issues/issues.taxes.html
Whether it’s been passed around or posted before is not the point, the point is that it’s the truth! It’s up to you what you think is important.
I’m an independent who votes for whomever makes the most sense and rings the truest.
Best answer:
Answer by I’m surrounded by idiots
Obama.
This particular talking point cut and paste job has been passed around so much it probably has herpes.
What do you think? Answer below!
Categories: mutual fund comparison Tags: Forget, Here, Hype, is...who, math, Question, rhetoric., Simple, Vote
Obstruction Of Justice: Does The Justice Dept Have To Respond To A Congressional Subpoena?
Obstruction Of Justice: Does The Justice Dept Have To Respond To A Congressional Subpoena? – House Oversight Committee – 2011-06-13 – House Committee on Oversight and Government Reform. Witnesses: Professor Charles Tiefer, Commissioner, Commission on Wartime Contracting; Mr. Morton Rosenberg, Former Specialist in American Public Law, American Law Division, Congressional Research Service; Mr. Todd Tatelman, Legislative Attorney, American Law Division, Congressional Research Service; Mr. Louis Fisher, Scholar in Residence, The Constitution Project. Video provided by US House of Representatives.
Categories: mutual fund comparison Tags: Congressional, Dept, Justice, Obstruction, Respond, Subpoena