John McCain relies on fantasy budgeting in his economic plan:
The Bush agenda that led to record deficits, increased spending, and irresponsible tax cuts for the top one-percent will continue if the Republican presidential candidates have their way.
They've voted against pay-as-you-go budgeting and pushed for a national sales tax. They've raised taxes millions of dollars while pushing to eliminate the estate tax for the wealthiest earners. All and all, their radical and ever-shifting positions are out of touch with the majority of Americans.
Use the menu on the left to browse candidates positions on Taxes and Deficit
DID YOU KNOW?
- Under Rudy Giuliani, New York City's debt increased by 52%, by $14.8 billion.
- Mitt Romney earned a "C" on a Cato Institute Fiscal Report Card because he raised $500 million in fees.
- John McCain voted against the repeal of the Estate Tax, then voted for it, then explained how he really opposed it.
- Tancredo co-sponsored legislation that would impose a national sales tax.
- In 2004, Duncan Hunter voted against a bill to redirect tax cuts for those earning over $1 million and direct the $19 billion in savings to education, health, homeland security and debt reduction.
McCain Myth Buster: John McCain and Taxes
Today's McCain Myth: John McCain will cut taxes for middle class families.Read More · Link to this Article
McCain Myth Buster: John McCain and Middle Class Tax Relief
Today's McCain Myth: John McCain will provide tax relief for middle class families.Read More · Link to this Article
EDITORIAL PAGES AGREE: TIME TO RELEASE MCCAIN TAX RETURN
Editorial pages around the country are weighing on the McCain campaign's hypocrisy on tax returns and transparency. Despite his efforts to craft an image as a champion of transparency in government, Senator McCain refuses to apply those standards of accountability and openness to himself. In addition to releasing just two years of his own tax returns--far less than any party nominee since Ronald Reagan in 1980--the McCain campaign is refusing to release Mrs. McCain's tax returns, even if she becomes First Lady.Read More · Link to this Article
John McCain and the Windfall Profits Tax
John McCain doesn't hate the windfall profits tax as much as the RNC does.Read More · Link to this Article
Pressure Mounts on McCain to Release Tax Returns
The McCain campaign's decision to withhold Cindy McCain's tax returns is drawing criticism from across the political spectrum. This morning, editorials in both the Washington Post and Washington Times echoed calls for the McCain campaign to release Cindy McCain's tax returns. This follows a column in yesterday's New York Observer that blasts McCain for his hypocrisy on disclosure, noting that Mrs. McCain's corporate jet "has been flying him and his entourage of lobbyists around the country at bargain rates."Read More · Link to this Article
