[CS-FSLUG] THIS WILL CHANGE YOUR RETIREMENT!!!

EnzoAeneas enzoaeneas at gmail.com
Wed Oct 22 23:11:33 CDT 2008


Could I get your source documents? I like to look at the evidence at
the same time as the summary.

Thank you,

Kevin James

2008/10/22 Fred A. Miller <fmiller at lightlink.com>:
> THIS WILL CHANGE YOUR RETIREMENT!!!
>
>
> For those among you who have more money than you will ever need, save your
> time and delete this email.
>
> For the rest of us who are still working with mortgages, children and
> grandchildren or retired living on a pension and or
> Social Security perhaps you will take a couple of minutes to read the
> proposed changes in the American tax system.
>
> Sharing this email with others can make a difference on November 4, 2008;
> for our citizens and our country.
>
> INTERESTING DATA JUST RECEIVED ON TAXES
>
> This is something you should be aware of so=2 0you don't get blind-sided.
>  This is really going to catch a lot of families off
> guard. It should make you worry.
>
> Proposed changes in taxes after 2008 General election:
>
>
> 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 become 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.
> 20
>
> 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 will more than double!  How does this affect you? No
> explanation needed. This is pretty straight forward.
>
>
> INHERITANCE TAX
>
> MCCAIN 0% (No change, Bush repealed this tax)
>
> OBAMA Restore the inheritance tax
>
> How does this affect you? Many families have lost businesses, farms and
> 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 not only lose them to these taxes.
>
>
> NEW TAXES BEING 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!!!
>
>
> Thank You
>
> Robert D. Jenkins
> Vice President - Investments
> Chartered Retirement Planning Counselor
> Wachovia Securities, LLC
> 314-991-7812
> 800-999-4448 toll-free
> robert.jenkins at wachoviasec.com
> WWW.home.wachoviasecurities.Com/Robert.Jenkins
>
> --
> "Politicians and diapers need to be changed
> regularly -- and for the same reason."
>
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>




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