John McCain on Tax

Categories: News | Politics | Election 2008

- Supports a simplification of the tax codeOnTheIssues.org: John McCain on Tax Reform
- Does not support Fair Tax, which eliminates all federal income tax and replaces it with one federal consumption taxFairtax.org: News & Developments
- Promised not to raise taxes if electedUSA Today: McCain Backs Off His No-New-Tax Pledge (July 29, 2008)
- Initially opposed President George W. Bush's tax cutsWSJ.com: McCains to Profit on Anheuser (July 14, 2008)

John McCain's record shows that he has supported reductions in government spending over tax cuts. McCain's tax-cut plan includes supporting free enterprise as well as ending the tax break for employers for providing workers with health coverage, instead McCain recommends substituting a $5,000-per-family tax credit to buy insurance in the marketplace.Dallas News: McCain, Obama Avoid Fiscal Realism (July 31, 2008)
Tax Plan Highlights
1. Keep tax rates lowJohn McCain Official Site: Taxes
2. Cut the corporate tax rate from 35% to 25%John McCain Official Site: Taxes
3. Allow first-year deduction, or "expensing", of equipment and technology investmentsJohn McCain Official Site: Taxes
4. Establish permanent tax credit equal to 10% of wages spent on research and development
5. Ban internet taxesJohn McCain Official Site: Taxes
6. Ban new cell phone taxesJohn McCain Official Site: Taxes
Quotes
- "There is nothing that's off the table. I have my positions, and I'll articulate them. But nothing's off the table. I don't want tax increases. Of course I'd like to have young Americans have some of their money put into an account with their name on it. But that doesn't mean that anything is off the table... "—John McCainABC News: John McCain Interview (July 27, 2008)

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- McCain & Obama's ongoing debate on taxes ignores inflation tax.(Inside Track)(John Mccain and Barack Obama)(Brief article): An article from: The New American - $9.95
  
  This digital document is an article from The New American, published by American Opinion Publishing, Inc. on November 10, 2008. The length of the article is 321 words. The page len...
  
  Amazon
- Fiscal face-off: Obama and McCain battle over economic plans and tax policies.(WASHINGTON REPORT)(Barack Obama and John McCain on economic policies and tax policies): An article from: Black Enterprise - $9.95
  
  This digital document is an article from Black Enterprise, published by Earl G. Graves Publishing Co., Inc. on September 1, 2008. The length of the article is 830 words. The page l...
  
  Amazon
John McCain on Tax Questions

Do you trust John McCain to make important decisions about the future of the Internet? 8 Answers

No, he's not someone who lives and dreams for the future of Internet. He isn't someone who uses the Internet and is one of those people who might believe AOL o... read more

Has fmr Arizona Rep. J.D. Hayworth given any indication (on his talk show, etc) that he is planning on challenging Sen. John McCain 1 Answer

There has been no official word, but the New Times says: "The word is that he's comfortable being the tribune of the far-right locally." I'm doubtful it will h... read more

Where can I find photos of John McCains son, Jack McCain meeting President Obama? 1 Answer

You can find pictures and a video of Barack Obama and Jack McCain hugging here: http://www.cnn.com/2009/POLITICS/05/22/obama.mccain/ read more

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