Thursday, August 28, 2008
You can verify a lot of this here:
http://money. cnn. com/news/specials/election/2008/index. html
INTERESTING DATA JUST RECEIVED ON TAXES
Please spread the word. This is something you should be aware of so you 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
0% on home sales up to $500,000 per home (couples). McCain does not propose any change in existing home sales income tax.
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.
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. '
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
MCCAIN 0% (No change, Bush repealed this tax)
OBAMA Restore the inheritance tax
How does this affect you? 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 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!!!
Not believing that God can,
it is knowing that God will!
Wednesday, August 27, 2008
Tuesday, August 26, 2008
My sweetie played awesome yesterday! They had a double header and beat the first team by a landslide. John was batting awesome - line drives down the third base line. He pitched well both games and then got the game winning RBI in the second game. I don't know why I put the smurf up there - it's all in fun :). They are number 2 for the season and have playoffs starting in the next couple of weeks. He will be excited if they play fall ball too, but we are waiting to see if we have enough people. So yay for RMBC!! Yay for Johnny!! :)
Monday, August 25, 2008
Saturday, August 23, 2008
It's Fantasy Football time! J0hn picked Romo. That's the only one so far that I have any interest in. I'm still learning to be a football fan. :) Got the new Cowboys hat and ready for the season. The draft is on hold until later this afternoon so we can actually leave now to go focus on finishing up my place!! Hopefully I'll be making a phone call to Susie on Monday to get this thing listed!!! Dad reminded me that I put a contract on the condo after it had only been listed for 2 hours - so hopefully I will have the same result!! It looks really nice...and we are leaving enough stuff there to stage it so it doesn't so much look like a bare house. I'm so over doing this every weekend and I need the money from the sale!! Pray it comes fast! Ok - we are outta here!!
Tuesday, August 19, 2008
I tried my first hand at making jewelry last night. Thanks to HeatherKJ for the design idea... Took longer to do one set than I thought it would but that was me trying to get the hang of it too... Kinda hurts your fingers a little bending all the wires after a while...but nonetheless, it was fun and I'm feeling accomplished...
Friday, August 15, 2008
Thursday, August 14, 2008
Wednesday, August 13, 2008
Tuesday, August 12, 2008
Monday, August 11, 2008
Ugh - Just found out that my pastor resigned. What do we do? He was going to marry us? Wait it out? Find a new venue? At 7 months out - this is not good timing... I hope whatever is going on in his world that brought him to this decision will be resolved... Sigh... :(
Sunday, August 3, 2008
When we got cleaned up, I was able to work on my paper projects for the weekend. I got about halfway done with Carol's programs. Saturday night I finished the recipes and the goodie bags for this next weekend.
So tired now....going to bed. A good weekend but a long, tiring one....
Saturday, August 2, 2008
So much to do - so little time. Thought we would have a lot of time to get some projects done by coming out to Athens for the weekend. We did some work around the house, and now are about to get cleaned up to go visit John's Granny and hang out with her for a little bit. This afternoon we need to do the goody bags for the reunion, the recipes, and put together Carol's programs. I was going to try to do my aisle runner while we are out here, but silly me forgot to go to Kinkos to get an enlarged version of the monogram. So...the aisle runner will have to wait a while. I need to sit down with John and narrow down what kind of wedding cake we want and also confirm that the invitations we selected months ago are still the ones we are going to use.