Why should anyone expect Senator Obama to call and hold a meeting of his senate committee? He is too busy campaigning and going to the gym and taking foreign trips where he has no business being on tax payers expense. Wake up, people. This man lives by his own schedule, not what he was elected to do.

Going to catch you off guard? 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 any profits 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 in 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.

DIVIDEND TAX
MCCAIN: 15% maximum tax (no change).
OBAMA: maximum 39.6%

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 in taxes if Obama become president.

INCOME TAX
MCCAIN: (no changes)
Single making 30K - tax $4,500
Single making 50K - tax $12,500
Single making 75K - tax $18,750
Married couple making 60K- tax $9,000
Married couple making 75K - tax $18,750
Married couple 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 couple making 60K - tax $16,800
Married couple making 75K - tax $21,000
Married couple making 125K - tax $38,750

INHERITANCE TAX
MCCAIN: 0% (No change, Bush repealed this tax).

OBAMA: Restore Estate and Inheritance taxes. Many families have lost the 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 may now 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 resource consumption (heating oil & gas, water, electricity).
* New taxes on retirement accounts

dl,

He's been criticized by McSame that he has never set his foot in Afghanistan yet and you're saying he has no business taking foreign trips. Wake up, we are electing our next president of the free world. You could wake up one morning in January 2009 and see President Obama taking oath of office. You can't have it both ways.

Mary...it's kind of funny that OBama has gone around and been yelling at the top of his lungs for more brigades in afghanistan and had a meeting on afghanistan and NATO that the guy who is criticizing him didn't go to.

and that McCain is actually the one who has dropped the ball on this fron.

and to criticize Obama for going to the gym multiple times one day... maybe you should be focusing on McCain having issues with his own health...

if you ask any doc they will tell you skin cancer like McCain's coming back twice ups the odds of it coming back overwhelmingly.

and if you look at the 5 oldest presidential caniddates ever elected...all of whom were younger than McCain

out of 5...2 died before their term was out...1 got dementia, 1 had such great logic when he left he started the civil war before lincoln... and 1 introduced his son to his republican buddies and we ended up with george jr. in the white house...

so focus on the candidate not so much going to the gym multiple times a day ,,,

how about the candidate going to the gym bathroom multiple times an hour.

Manal06

not sure what you are arguing...

I am saying demint is spinning the facts...not good coming from a guy who wasn't at the meeting for NATO ambassador.

and they have things called phones and video and reporting...

it's good for obama to go over there but just because someone went over there doesn't mean they are smarter about what's going on. That is just stupid logic.

and please ignore the lies that Ann just put up

here are the facts that have been substantiated to refute this lying email campaign that Ann has put up...

it is part of the Obama is a tax-hiking terrorist playbook from McCain's rovian camaign

we will not let America be fooled again by these lies from the RNC "dark side"

and they wonder why the RNC has become so unpopular because of commenters like Ann.

# Home Sales: The claim that Obama would impose a 28 percent tax on the profit from "all home sales" is false. Both Obama and McCain would continue to exempt the first $250,000 of gain from the sale of a primary residence ($500,000 for a married couple filing jointly) which results in zero tax on all but a very few home sales.

# Capital Gains Rate: It's untrue that Obama is proposing a 28 percent capital gains tax rate. He said in an interview on CNBC that he favors raising the top rate on capital gains from its present 15 percent to 20 percent or more, but no higher than 28 percent. And as for a 28 percent rate, he added, "my guess would be it would be significantly lower than that." Furthermore, he has said only couples making $250,000 or more (or, his policy advisers tell us, singles making more than $200,000) would pay the higher capital gains rate. That means the large majority of persons who pay capital gains taxes would see no increase at all.

# Tax on Dividends: Another false claim is that Obama proposes to raise the tax rate on dividends to 39.6 percent. Dividends currently are taxed at a top rate of 15 percent, and Obama would raise that to the same rate as he would tax capital gains, somewhere between 20 percent and 28 percent but likely "significantly" lower than 28 percent. This higher tax also would fall only on couples making $250,000 or more or singles making more than $200,000.

# Taxing IRAs and 529s: Contrary to the claim in this e-mail, raising tax rates on capital gains or dividends would not result in higher taxes on any investments held in Individual Retirement Accounts or in popular, tax-deferred "college funds" under section 529 of the Internal Revenue Code. The whole point of such tax-deferred plans is that dividends and capital gains are allowed to accumulate and compound tax-free, and neither Obama nor McCain proposes to change that. And as previously mentioned, any capital gains or dividend income from stocks, bonds or mutual funds owned outside of tax-deferred accounts would continue to be taxed at current rates except for couples making over $250,000, or singles making more than $200,000.

# Doubled Taxes? The claim that "Under Obama your taxes will more than double!" is also false. The comparative rate tables this e-mail provides for McCain and Obama are entirely wrong, as we explained in an earlier article March 13 about another false e-mail from which these tables are copied. It is supposedly a comparison of tax rates before and after the Bush tax cuts, but it grossly overstates the effect of the Bush cuts. Furthermore, Obama proposes to retain the Bush cuts for every single income level shown in this bogus table.

# Estate Tax. The claim that Obama proposes to "restore the inheritance tax" is also false, as are the claims that McCain would impose zero tax and that Bush "repealed" it. McCain and Obama both would retain a reduced version of the estate tax, as it is correctly called, though McCain would reduce it by more.

The tax now falls only on estates valued at more than $2 million (effectively $4 million for couples able to set up the required legal and financial arrangements). It reaches a maximum rate of 45 percent on amounts more than that. It was not repealed, but it is set to expire temporarily in 2010, then return in 2011, when it would apply to estates valued at more than $1 million ($2 million for couples), with the maximum rate rising to 55 percent.

Obama has proposed to apply the tax only to estates valued at more than $3.5 million ($7 million for couples), holding the maximum rate at 45 percent. McCain would apply it to estates worth more than $5 million ($10 million for couples), with a maximum rate of 15 percent.

# "New Tax" Falsehoods: The e-mail continues with a string of made-up taxes that it falsely claims Obama has proposed. He has not proposed a tax on new homes with more than 2,400 square feet, or a new gasoline tax or a tax on retirement accounts. The most laughably false claim is that Obama would tax "water."

dl

I am sorry. I was replying to Mary.

Mary,

This was for you.

He's been criticized by McSame that he has never set his foot in Afghanistan yet and you're saying he has no business taking foreign trips. Wake up, we are electing our next president of the free world. You could wake up one morning in January 2009 and see President Obama taking oath of office. You can't have it both ways.

Manal06

no problem I do it all the time.

that's what I figured.

Ann,

The tax on misinformation will go up to $1 per. It is currently estimated that you will owe us $31,639 for the lies you have told in your last post alone.

Keep up the good work!

MARY MARY
When are you going to wake up and see obama has been right?? only know that obama has been talking about troops being needed in afghan for about 18 months has mccain or bush even spoke about it, mccain and bush for the last 5 years have forgotten the war in afghan and has only concentrated on iraq and dont you think its funny that president bush now wants to have diplomatic talks with iran mary please WAKE UP SEE WHAT THE REST OF US SEE OBAMA WAS RIGHT!

About time someone point out that Senator McCain has the worst attendance record in all of Congress.

This isn't just the Armed Forces Committee.

McCain has an incredible record of not showing up for work.

dl-- who's the "we" you refer to in your 11;36 post?

The problem with Biden's defense is that it places Biden above Obama. Obama wants to be POTUS, yet he needs supervision on his Foreign Relations sub-committee. It points out that Obama's never actually run...anything.

Will Biden supervise President Obama's foreign relations, too? (it would actually be ok with me if he did)

It seems like all of McCain's surrogates suffer from "foot in mouth disease"...I suggest they check there facts before commenting on issues regarding Sen Obama.

Thanks for the prompt fact injection, dl

dl regarding tax info can you please cite your source. also ann can you cite your source. no agenda here just interested in the facts.

Manal06 -

Yes, we are electing the leader of the free world... He should ALREADY have the experience. 6 months prior is not the time to get a crash course in foreign affairs.

Looks like the Obama e-spin campaign is in full effect today!

my source is a copy and paste from factcheck.org...but you can check it against Obama's platform on his site or at the DNC ...

and several others...

you can only check hers at...oh that's right from the false email that is going around...lol

swiftboaters at work

angie although as of right now i do not support either candidate and i am still shopping around i do agree that it was obama who has stated that we need to redeploy to afghanistan.

dl thanks so much.