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GOP candidate in Maryland raffles off AR-15 in fundraiser

A Republican running for a Maryland legislative seat raffled off an AR-15 assault weapon at a Saturday night fundraiser celebrating the Second Amendment — only days after the same type of weapon was used to kill 17 people at a Florida high school.
2018/02/18 20:15

John Kelly, Chinese officials caused commotion over nuclear football in Beijing, report says

President Donald Trump has boasted repeatedly about his big and powerful “nuclear button” — but, a new report says, it almost got away from him last year in China.
2018/02/18 19:45

Uncertainty about voter demands, impact of new laws has Congress in inertia over gun violence

Congress' ability to stop gun violence -- as America has demand -- is far more complex than act laws, amid such questions as would more restriction really work and what to voters come Election Day truly want.
2018/02/18 18:30

Sen. Bob Casey: Mueller would be 'mistaken' to release final Russia report close to midterms

Sen. Bob Casey, R-Pa., believes it would be a mistake for special counsel Robert Mueller to release his final report on Russian interference in the 2016 election near the fall midterm elections.
2018/02/18 17:52

Rosalynn Carter recovering from surgery in Atlanta

Former first lady Rosalynn Carter is recovering from surgery at Emory University Hospital.
2018/02/18 14:15

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He will greatly expand government and raise taxes for most Americans.


Obama would uncap Social Security tax, which is currently capped at $102,000. This would have a dramatically negative effect on small business owners and those self-employed, and may literally drive thousands of American business out of business. Furthermore, Obama will increase the Social Security tax up to 12.4% which would increase the top marginal tax rate from 44.6% to a whopping 62.8%.

As Kimberly Strassel wrote in the Wall Street Journal: "Mr. Obama is hawking a tax policy that would take the nation back to the effective marginal tax rates of the Carter days. He wants to further tax income, payroll, capital gains, dividends and death. His philosophy is pure redistribution."

By simultaneously increasing payroll taxes and capital gains taxes, Obama would ensure a rush of small and mid-sized businesses off our shores and into the hands of welcoming foreign countries that would support the flourishing of same business and offer them much more favorable tax incentives. That loss of business in America would drastically increase the unemployment rate which would further drag down aggregate GDP.

Contrary to Obama's claims, Obama actually will raise aggregate taxes more on poor people than rich people. The following are conclusions of a study done by the non-partisan tax watchdog group, Americans for Tax Reform:

On earned income tax, Obama will only tax the rich slightly more than would McCain, with McCain's plan calling for a 35% top rate and Obama's calling for a 39.6% top rate. However, the lowest tax rate under the Obama plan will increase by 50% - from 10% to 15%; whereas McCain would keep it at its current 10%.

On Capital gains from the sale of stocks and real estate, McCain would keep the rate at 15% and Obama would raise it to 20%. This will take a disproportionate toll on the upper-middle class, which has most of its liquid assets in stocks and other securities.

On dividends, McCain would keep the current tax at 15% and Obama would increase it to a whopping 39.6%.

McCain would eliminate the marriage penalty for household incomes under $150,000; Obama would apply a full marriage penalty from dollar one.

On the death tax, McCain would make the first $5 million exempt, and anything above that would be taxed at a rate of 15%. Obama would only exempt the first $1 million, and the remainder would be subject to a whopping 55% tax rate.

Obama's tax plan would decimate small businesses. Whereas McCain would keep the self-employment maximum tax rate at 37.9%, Obama would drastically increase it to 54.9%!