This weekend I was home, and inevitably the election came up in discussion between myself and my parents. I am still having a hard time making a decision about which candidate to support in this election. It seems as if every time I am about to choose a side, I have a conversation that puts me back on the fence. This is exactly what happened when talking to my parents. Obviously the current economy is putting a lot of added financial stress on Americans. It is not easy putting three daughters through college and soon graduate school for eight years in a row with no financial aid. This conversation prompted me to look into both candiates' tax policies to see how my family would be affected.
If Obama is elected, my family would be forced to pay higher taxes than they are paying now, a real financial burden: "Those high-income groups would see their top two income tax rates revert to 36% and 39.6% from 33% and 35% respectively. And their capital gains and dividend tax rates would also revert to 20% from 15%." My family would definitely be better off under McCain's tax plan.
This brings up a lot of other fundamental issues surrounding the role government. Should it allow for a Robin Hood type leader, one who steals from the rich to give to the poor? Or should people who make more money be allowed to spend it as they please and hopefully be charitable as they see fit.
Sociology also comes into play. All people are not created equal. Some are born with more opportunities than others. Still other people work extemely hard to be able able to afford the a certain standard of living. These are all difficult issues that are making it hard for me to choose a candidate this election cycle.
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