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<span style="font-weight: bold; font-size: 12pt; font-family: Arial;">THIS
WILL CHANGE YOUR RETIREMENT!!!<br>
</span><br>
<br>
<font face="Arial"><span style="font-family: Arial;">For those among
you who have more money than you will ever need, save your<br>
time and delete this email.<br>
<br>
For the rest of us who are still working with mortgages, children and
grandchildren or retired living on a pension and or<br>
Social Security perhaps you will take a couple of minutes to read the
proposed changes in the American tax system.<br>
<br>
Sharing this email with others can make a difference on November 4,
2008; for our citizens and our country.<br>
<br>
INTERESTING DATA JUST RECEIVED ON TAXES<br>
<br>
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<br>
guard. It should make you worry.<br>
<br>
Proposed changes in taxes after 2008 General election:<br>
<br>
<br>
<b><u><span style="font-weight: bold;">CAPITAL GAINS TAX</span></u></b></span></font><u><br>
</u><br>
<font color="#3366ff" face="Arial"><span
style="color: rgb(51, 102, 255); font-family: Arial;">MCCAIN</span></font><font
face="Arial"><span style="font-family: Arial;"><br>
0% on home sales up to $500,000 per home (couples) McCain does not
propose any change in existing home sales income tax.<br>
<br>
<font color="fuchsia"><span style="color: fuchsia;">OBAMA<br>
</span></font>28% on profit from ALL home sales<br>
<br>
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%<br>
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.<br>
<br>
<br>
<b><u><span style="font-weight: bold;">DIVIDEND TAX<br>
</span></u></b><br>
<font color="blue"><span style="color: blue;">MCCAIN 15% (no change)<br>
</span></font><br>
<font color="fuchsia"><span style="color: fuchsia;">OBAMA 39.6%<br>
</span></font><br>
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.<br>
20 <br>
<br>
<b><u><span style="font-weight: bold;">INCOME TAX<br>
</span></u></b><br>
<font color="blue"><span style="color: blue;">MCCAIN (no changes)<br>
</span></font><br>
Single making 30K - tax $4,500<br>
Single making 50K - tax $12,500<br>
Single making 75K - tax $18,750<br>
Married making 60K- tax $9,000<br>
Married making 75K - tax $18,750<br>
Married making 125K - tax $31,250<br>
<br>
<font color="fuchsia"><span style="color: fuchsia;">OBAMA<br>
</span></font>(Reversion to pre-Bush tax cuts)<br>
Single making 30K - tax $8,400<br>
Single making 50K - tax $14,000<br>
Single making 75K - tax $23,250<br>
Married making 60K - tax $16,800<br>
Married making 75K - tax $21,000<br>
Married making 125K - tax $38,750<br>
<br>
Under Obama your taxes will more than double! How does this affect
you? No explanation needed. This is pretty straight forward.<br>
<br>
<br>
<b><u><span style="font-weight: bold;">INHERITANCE TAX<br>
</span></u></b><br>
<font color="blue"><span style="color: blue;">MCCAIN 0% (No change,
Bush repealed this tax)<br>
</span></font><br>
<font color="fuchsia"><span style="color: fuchsia;">OBAMA Restore the
inheritance tax<br>
</span></font><br>
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.<br>
<br>
<br>
<b><u><font color="fuchsia"><span
style="font-weight: bold; color: fuchsia;">NEW TAXES BEING PROPOSED BY
OBAMA</span></font></u></b><br>
<br>
* New government taxes proposed on homes that are more than 2400 square
feet<br>
<br>
* New gasoline taxes (as if gas weren't high enough already)<br>
<br>
* New taxes on natural resources consumption (heating gas, water,
electricity)<br>
<br>
* New taxes on retirement accounts and last but not least....<br>
<br>
* New taxes to pay for socialized medicine so we can receive the same
level<br>
of medical care as other third-world countries!!!<br>
<br>
<br>
Thank You<br>
<br>
Robert D. Jenkins<br>
Vice President - Investments<br>
Chartered Retirement Planning Counselor<br>
Wachovia Securities, LLC<br>
314-991-7812<br>
800-999-4448 toll-free<br>
<a href="mailto:robert.jenkins@wachoviasec.com" target="_blank">robert.jenkins@wachoviasec.com</a></span></font>
<div><font face="Arial"><span style="font-family: Arial;"><a
href="http://WWW.home.wachoviasecurities.Com/Robert.Jenkins"
target="_blank">WWW.home.wachoviasecurities.Com/Robert.Jenkins</a></span></font></div>
<pre class="moz-signature" cols="72">--
"Politicians and diapers need to be changed
regularly -- and for the same reason."
</pre>
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