Many people believe that Obama will raise taxes significantly, and are McCain supporters on that fact alone.
Here is an email currently circulating that compares the programs proposed by the two candidates (obviously written from the Republican perspective):
DATA ON TAXES & PROPOSED CHANGES IN TAXES AFTER 2008 GENERAL ELECTION
Time to consider your pocketbook:
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 profit from ALL home sales
DIVIDEND TAX
MCCAIN : 15% (no change)
OBAMA : 39.6%
INCOME TAX (find your bracket)
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 (reverse all 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
INHERITANCE TAX
MCCAIN 0% (No change, Bush repealed this tax)
OBAMA Restore the inheritance tax
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 to pay for socialized medicine