Business Plans

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

How does this affect you?
If you sell your home and make a profit, you
will pay 28% of your gain on 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. This
proposal will adversely affect the
elderly who are counting on the income
from their homes as part of their retirement income.

DIVIDEND TAX

MCCAIN 15% (no change)

OBAMA 39.6%

How will this affect you?
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 4 0% of the money
earned on taxes if Obama become president.
The experts predict that ‘higher
tax rates on dividends and capital gains
would crash the stock market yet
do absolutely nothing to cut the deficit.

INCOME TAX

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
(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 making 60K - tax $16,800
Married making 75K - tax $21,000
Married making 125K - tax $38,750

Under Obama your taxes will
more than double!
How does this affect you? No explanation
needed. This is pretty
straight forward.

INHERITANCE TAX

MCCAIN 0% (No change, Bush repealed this tax)

OBAMA Restore the inheritance tax

How does this affect you? Many families
have lost businesses,
farms and 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 will not 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 resources
consumption (heating
gas, water, electricity)

* New taxes on retirement accounts
and last but not least….

* New taxes to pay for socialized medicine
so we can receive the same
level of medical care as other
third-world countries!!!

Sources:

Snopes.com - in the SEARCH box, type ‘Proposed Tax Changes’.

Robert D. Jenkins
Vice President - Investments
Chartered Retirement Planning Counselor
Wachovia Investments Inc

I have what I think is quite a good business idea and I’m putting together a business plan, but need funding. So does anyone know of any competitions I can enter? Thanks.

I am looking for samples and examples of business plans with explanation of details given.

I’m pursuing the development of a concept for a large, content heavy dot com start up, basically an answers and research site, and need to know what best things to consider, from all angles, including technology infrastructure, legal, budgetary, insurance, best filing status, marketing, organizational charts, etc. I’m only looking for successful plans representing web properties that have succeeded. Does anyone know where I can find even one?

The plan of action adopted at the 1977 National Women’s Conference featured 26 resolutions, or planks, on the following topics:

By a topic by topic breakdown how successful have each of these been?

Arts and humanities: Women should have equal opportunities in federal posts and equal access to arts grants.

Battered women: A national clearinghouse must be created to support local organizations helping battered women and working to prevent domestic violence.

Business: More government contracts to women-owned businesses, which numbered less than one percent in 1977.

Child abuse: More prevention, treatment and protective services.

Child care: Care must be low cost and high quality.

Credit: The Equal Credit Opportunity Act must be enforced to make sure that women are no longer denied credit on the basis of gender.

Disabled women: Equal access to education, training, employment and child custody rights.

Education: More women in leadership positions and in textbooks. Title IX must be enforced.

Elective and appointive office: More representation of women.

Employment: More job opportunities and less discrimination.

Equal Rights Amendment: The ERA must be ratified.

Health: Health insurance benefits must include family planning and other concerns relevant to women.

Homemakers: Must be covered under Social Security and have greater economic security, especially in the event of divorce or the death of a spouse.

Insurance: Eliminate practices that deny women coverage on the basis of gender.

International affairs: Increase the number of women in the departments of state and defense, aid women in developing nations and promote nuclear disarmament.

Media: More women in media jobs, especially in leadership positions.

Minority women: Eliminate discrimination, support affirmative action, guarantee tribal rights and prevent deportation of mothers of American-born children.

Offenders: Improve health services and educational and vocational training.

Older women: Help older women live with dignity.

Rape: Expand the definition of rape to include married men who abuse their wives and reduce legal burdens on victims.

Reproductive freedom: Support Roe v. Wade, promote family planning and allow Medicaid payments for abortion.

Rural women: Create a federal rural education policy and expand ownership rights for farm wives.

Sexual preference: Implement legislation to eliminate discrimination on the basis of sexual preference and repeal state laws restricting private sexual behavior between consenting adults.

Statistics: Federal agencies should collect and analyze data in ways that assess the impact on women.

Women, welfare and poverty: Improve social security and retirement systems, raise minimum wage, provide child care and focus on welfare and poverty as major women’s issues.

Continuing committee of the conference: Create a committee to follow up on recommendations and take steps to convene a Second National Women’s Conference.

A business strategy is one section of a business plan, and it identifies where a company intends to go, who their potential customers are and how these customers will be approached. Make a strategy for the future plans of a company with help from an experienced businessman in this free video on planning a business. Expert: John Niemira Bio: John Niemira is a business professional who has been in the business industry for many years. Filmmaker: Michael Burton

Does anyone have any advice on starting a business plan? Possibly good websites, or good software to help format a business plan.

My husband (36) now works for a small business that only offered AXA-equitable simple IRA as an investment option. Our only other investment is a rollover 401k that is now sitting with Fidelity. Currently, his boss is matching a percentage of the contributions to AXA, but I still feel like investing in this is a bad idea. Everything I read about variable annuties either sounds bad or doesn’t make sense to me. Right now there is 60% in large cap, 20% in long term bonds, and 20% in int’l equity in this plan, and it’s losing money. Should we continue to contribute since his employer is also contributing or should we be sending whatever savings we can over to the old 401k that’s w/Fidelity?

What are usually missing in business plans?

I am putting together a business plan, something I’ve never done before, I want it to be as professional of a plan as possible. What should go in the plan, how much detail should the plan have? Any help would be great!

And where would I go to get feedback on the business plan so I may revise it to the best possible format?