We’re talking about capital gain tax, not ordinary income tax. So, the difference is huge. If both keep their words and you’ve made $250k in capital gain next year, w/ McCain as president, you’ll pay ~$19k-$25k in taxes. With Obama, you’ll pay $50k-$70k in taxes.
Okay I understand now. So everyone who makes $250K or more in capital gains a year should vote for McCain. Everyone else should vote for Obama.
My grandfather died in 1960. He was a farmer and always told his kids, “If you are the CEO of a big corporation then always vote Republican. Otherwise, vote Democratic.”
That said, I don’t think Obama can do a lot but at least it’s a change of direction. Let’s give another team a chance to mess everything up for a while.
