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Pro-Growth Tax Policy Low Tax Rates [Recovery Starts: McCain Lead Filibuster on Tax Increases]
JohnMcCain.com ^ | 11-5-2008 | John McCain

Posted on 11/06/2008 2:47:54 AM PST by Son House

Keep Tax Rates Low: Entrepreneurs are at the heart of American innovation, growth and prosperity. Entrepreneurs create the ultimate job security - a new, better opportunity if your current job goes away. Entrepreneurs should not be taxed into submission. John McCain will keep the top tax rate at 35 percent, maintain the 15 percent rates on dividends and capital gains, and phase-out the Alternative Minimum Tax. Small businesses are the heart of job growth; raising taxes on them hurts every worker.

Cut The Corporate Tax Rate From 35 To 25 Percent: A lower corporate tax rate is essential to keeping good jobs in the United States. America was once a low-tax business environment, but as our trade partners lowered their rates, America failed to keep pace. We now have the second highest corporate tax rate in the world, making America a less attractive place for companies to do business. American workers deserve the chance to make fine products here and sell them around the globe.

Allow First-Year Deduction, Or "Expensing", Of Equipment And Technology Investments: American workers need the finest technologies to compete. Expensing of equipment and technology will provide an immediate boost to capital expenditures and reward investments in cutting-edge technologies.

Establish Permanent Tax Credit Equal To 10 Percent Of Wages Spent On R&D: This reform will simplify the tax code, reward activity in the United States, and make us more competitive with other countries. A permanent credit will provide an incentive to innovate and remove uncertainty. At a time when our companies need to be more competitive, we need to provide a permanent incentive to innovate, and remove the uncertainty now hanging over businesses as they make R&D investment decisions. Innovation Tax Policy Ban Internet Taxes: John McCain believes we must make a farsighted, robust, and fervent commitment to innovation and new technologies to sustain our global competitiveness, meet our national security challenges, achieve less costly and more effective health care, reduce dangerous dependence on foreign sources of oil, and raise the quality of education in the United States. John McCain has been a leader in keeping the Internet free of taxes. As President, he will seek a permanent ban on taxes that threaten this engine of economic growth and prosperity.

Ban New Cell Phone Taxes: John McCain understands that the same people that would tax e-mail will tax every text message - and even 911 calls. John McCain will prohibit new cellular telephone taxes.


TOPICS: Government; News/Current Events; Politics/Elections
KEYWORDS: 110th; low; mccain; policy; progrowth; tax
Yep, John McCain, a recovery could start today if you can lead a filibuster in the Senate on any new tax increases. Republicans can still lead on economic growth.
1 posted on 11/06/2008 2:47:54 AM PST by Son House
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To: Son House

Come out and tell the American people you are going to lead a filibuster, and I’d bet the stock market increases, this filibuster is the only option Republicans have to save the economy, that’s what you ran on, now put it to practice.


2 posted on 11/06/2008 2:51:57 AM PST by Son House (Democrats Now Get Their Chance To Prove They Are "Good For The Economy")
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To: Son House

Maybe McCain has learned something about what bipartisanship achieves.


3 posted on 11/06/2008 2:59:52 AM PST by The_Victor (If all I want is a warm feeling, I should just wet my pants.)
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To: Son House; Taxman; Principled; EternalVigilance; phil_will1; kevkrom; Bigun; PeteB570; FBD; ...
If John McCain were serious about reducing the tax burden on corporations he would support eliminating corporate taxes altogether by replacing the federal income code with a national sales tax via The Fair Tax Act(HR25/S1025) currently before Congress. Doing so would eliminate the 17% advantage for foreign companies and encourage once U.S. based companies to return. Fair Tax ping!


4 posted on 11/06/2008 3:07:40 AM PST by Man50D (Fair Tax, you earn it, you keep it!)
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To: Man50D

McCain could also lead a filibuster against any pork leaden bills


5 posted on 11/06/2008 3:13:27 AM PST by Son House (Democrats Now Get Their Chance To Prove They Are "Good For The Economy")
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To: The_Victor

Exactly, he still has a chance for redemption, any tax increase will shrink the economy


6 posted on 11/06/2008 3:20:01 AM PST by Son House (Democrats Now Get Their Chance To Prove They Are "Good For The Economy")
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To: Son House

How long before he sits down with BØ and hashes out a comprehensive amnesty bill?


7 posted on 11/06/2008 3:24:18 AM PST by johnny7 ("Duck I says... ")
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To: Son House

McCain had BETTER be a pain in the 4$$ for obama. Same goes for us.


8 posted on 11/06/2008 3:36:03 AM PST by Right Wing Assault ("..this administration is planning a 'Right Wing Assault' on values and ideals.." - John Kerry)
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To: Son House

Hey, whatever it takes, as long as Mac drops that annoying “My Friends” bullshit.

What McCain is trying to do in this day-after-the-Election opinion piece is to demonstrate that he’s somehow still relevant.


9 posted on 11/06/2008 3:40:03 AM PST by mkjessup (0bama the President-elect? 'Reverend' Jeremiah Wright IS a prophet: God has just damned America.)
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To: Son House
Yes - good work on the filibuster. Let the dims be the ones to reach across the aisle for awhile. There are some things worth taking a stand for and being against the destruction of our economy is certainly one of them. Go, Mac! Be a thorn in O’s side.
10 posted on 11/06/2008 3:47:09 AM PST by Heartland Mom ("Government's first duty is to protect the people, not run their lives." - Ronald Reagan)
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To: Son House
The GOP has two options, filibuster everything that comes through the Senate and make Obama a Lame Duck from day one but the GOP gets the blame for being obstructionist or step back and let the Rats socialize America until we're bankrupt then the GOP can rebuild to last for literally decades.
I'm leaning toward the 2nd option, not because I want to see America bankrupt but because there's too many Americans on a suicide mission and I'm just long ready to step out of the way.
11 posted on 11/06/2008 3:54:37 AM PST by tobyhill (No Honeymoon For Obama. Free Obama Bashing 24/7)
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To: Son House

He won’t do it. McCain won’t filibuster a thing. I’ll be shocked if he’s ever on the minority side of a vote.


12 posted on 11/06/2008 3:58:05 AM PST by Terpfen (Ain't over yet, folks. Those 2004 Congress gains are up for grabs in 2 years.)
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To: The_Victor
One can only hope...

However.... My fear is that once John gets back to the Senate that he will get back into his old Senator ways of “reaching across the aisle”, “working in a bipartisan way” to accomplish “things” and “get things done”... “gang of 14” stuff...etc...

The problem we have now is that we are about to begin living in Obamaland, not the America that we have all enjoyed for so long.

The only hope for America is that the very slim margin that Republicans have in protecting us from the Marxist agenda that we have been promised by Comrade Obama and his Democrat goons, is the full and unfettered use of the filibuster.

That's all we have. It requires balls to stand up to these RATs... Unfortunately, I have not seen Senate Republicans, including and especially John McCain, stand up against these socialists to date, and fear that they will be no different in the future with an even slimmer margin of power than they had before the election.

It will be our responsibility as citizens to bury these people with calls, emails, snail mail, etc., to keep our voice heard and demand the use of filibusters at every turn to protect America from what could be the end of liberty as we know it.

13 posted on 11/06/2008 4:00:33 AM PST by SterlingSilver (If it walks like a duck, looks like a duck and quacks like a duck... its a duck!)
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To: Son House

Yep, John McCain, a recovery could start today if you can lead a filibuster in the Senate on any new tax increases.


ZZZZZZZZZZZ Thank you for playing, but you are wrong.

The Bush tax cuts are set to expire in 2010, so the rates will go up with no new legislation - filibusters don’t work if there is nothing to filibuster.

Welcome to the Clinton income tax rates.


14 posted on 11/06/2008 11:55:12 AM PST by Mack the knife
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To: Mack the knife

Yes, 3rd quarter next year is the time to consider to get out, on an upswing before the final year when everybody gets out, todays market needs positive support now


15 posted on 11/06/2008 12:47:35 PM PST by Son House (Democrats Now Get Their Chance To Prove They Are "Good For The Economy")
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