John McCain Videos    John McCain Images    John McCain Politics

John McCain's views on tax










John McCain tax search on Yooci Search




Why the Rich Love McCain's Tax Plan



Under George Bush, 31% of the tax cuts were given to the wealthiest 1% of Americans. Under McCain's plan, 58% of tax cuts will go to the wealthiest 1%. Send this video to your friends, and ask them to pass it on!



John McCain On Taxing Rich People



From the Hardball College Tour, October 12, 2000: UNIDENTIFIED FEMALE: Hi. Since I've been studying politics, I've had this question that I've never fully understand. Why is it that someone like my father, who goes to school for 13 years, gets penalized in a huge tax bracket because he's a doctor? Why is that -- why does he have to pay higher taxes than everybody else, just because he makes more money? Why -- how is that fair? MATTHEWS: You mean... MCCAIN: I think your question -- questioning the fundamentals of a progressive tax system where people who make more money pay more in taxes than a flat, across-the-board percentage. I think it's to some degree because we feel, obviously, that wealthy people can afford more. We have over the years, beginning with John F. Kennedy, reduced some of those marginal tax rates to make them less onerous. But I believe that when you really look at the tax code today, the very wealthy, because they can afford tax lawyers and all kinds of loopholes, really don't pay nearly as much as you think they do when you just look at the percentages. And I think middle-income Americans, working Americans, when the account and payroll taxes, sales taxes, mortgage pay -- all of the taxes that working Americans pay, I think they -- you would think that they also deserve significant relief, in my view... MATTHEWS: How many -- how many people here believe that the people who made the highest level of incomes in this country should pay a higher percentage ...



John McCain Ardently OPPOSING Bush Tax Cuts (3/18/03)



John McCain now supports the Bush tax cuts- that he twice opposed- and will increase the deficit and let the national debt swell with his irresponsible tax cuts, betraying his career in the Senate as a "deficit hawk." "Even without assuming the costs of these various contingencies, particularly the war in Iraq and the responsibilities we will have in that country following the cessation of hostilities,the increase in the Federal budget deficit envisioned over the next 10 years ought to concern greatly every member of Congress. In the first 5 months of fiscal year 2003, the United States Government has already run up a $195 billion deficit. The Congressional Budget Office estimates that even without the President's tax cuts and without further increases in spending for the remainder of the fiscal year, the total budget deficit for 2003 will reach $246 billion. If we add the projected costs this year of the President's tax cuts the deficit would reach $287 billion. Most alarming, are the deficit projections for the next 10 years, incorporating the President's proposed tax cuts, released by CBO last week: $1.8 trillion. That's a pretty staggering sum, and it does not include any of the costs of our imminent actions in Iraq." "We should be concerned about deficits, Mr. President. They limit economic expansion by reducing the amount of national savings available for investment. This raises both interest rates and interest payments on the national debt. Deficits constrain our ...




Get more political views from John McCain

All Candidate's Views On tax

Comments

No comments yet
*Name:
URL:
Notify me about new comments on this page
Hide My URL
*Text:
 
*Answer:
 
Secured by Animated Gif Captcha Powered by Scriptsmill Comments Script