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2008 Presidential Candidate Money Positions

Check out the Issues below.  See how McCain and Obama compare. 

Go to our page to see and hear the candidates talk about these issues.
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McCain/Obama Tax Comparison Calculator.


       
The Issues
Which candidate would be best for you?  Click here and tell us.
Got an Issue we should cover? Enter it here You can help. Update a Candidates Position here
Click here to see video list Obama Picture
Barrack Obama
Mccain Picture
John McCain
Alternative Minimum TaxTax primarily on upper-middle and above income levelEliminate
Capital GainsCurrent rate scheduled to rise in 2011Increase to 20%Temporarily Lower 15% rate to 7.5%
Economic BailoutWhat is candidates position on 700B economic bailout planLimit CEO pay, Independent Oversite, Taxpayer ProtectionIndependent oversight, way to get money back, transparency, limit salaries
Economic CrisisTax ChangesSpecial provisions during economic crisisSome Early IRA/401k withdrawals without penaltyLower IRA/401k withdrawal tax rate, Cut Capital Gains
Estate TaxHow would candidate change current tax lawfavors radically decreasing
Gasoline TaxFederal 18 cents/gallon gas taxOpposes temporary reduction in Federal Gas TaxFavors temporary suspension of Federal Gas Tax
Health Insurance: Can't GetMany people cannot get private Health Insurance because of previous illnessProposes plan which will cover all, including those with pre-existing conditionFederal and state plan to pool high risk uninsured
Health Insurance: UninsuredSome people can't afford and some don't want health insuranceProposes plan which will help those who cannot afford, unclear about those who do not wantFavors making insurance available and affordable for all, however few details
Home Mortgage Interest DeductiAbility to deduct home mortgage interest from taxable incomeAllow Deduction for non-itemizers
Income Tax for ElderlyDoes candidate propose any tax changes specifically for elderlyWould eliminate income tax for elderly making under $50000
Income Tax High IncomeGenerally family income above $250,000favors repealing Bush tax cuts for very wealthywould make Bush tax cuts permanent
Income Tax middle incomeGenerally family income up to $250,000Keep Bush Tax Cutswould make Bush tax cuts permanent
Personal Exemption AmountPersonal Exemption is now $3500, would they change itRaise from $3500 to $7000 for dependents
Retirement Health CostsUnder Medicare average couple needs $400,000 to cover out-of-pocket medical expenses
Small Business Capital GainsCapital Gains Tax on Small BusinessesEliminate
Social Security Payroll TaxShould upper limit on Social Security Payroll Tax be increasedIn Flux - Collect 2 to 4% for incomes greater than $250,000

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