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McCain Calls on Congress to Institute a ‘Gas-Tax Holiday’PITTSBURGH — John McCain wants the federal government to free people from paying gasoline taxes this summer and ensure that college students can secure loans this fall, a pair of proposals aimed at stemming pain from the country’s troubled economy. At the same time, the certain Republican presidential nominee says Democratic rivals Barack Obama and Hillary Rodham Clinton would impose the single largest tax increase since World War II by allowing tax cuts pushed to passage by President Bush to expire.“Both promise big ‘change.’ And a trillion dollars in new taxes over the next decade would certainly fit that description,†McCain said in remarks prepared for delivery Tuesday. “All these tax increases are the fine print under the slogan of ‘hope:’ They’re going to raise your taxes by thousands of dollars per year — and they have the audacity to hope you don’t mind.â€That was a play on the title of an Obama book.McCain twice voted against the very tax cuts he now supports; he says failing to extend them would amount to tax increases for millions of people.The four-term Arizona senator was presenting his proposals — and blistering his Democratic rivals — in a wide-ranging economic speech at Carnegie Mellon University.
Among other proposals, McCain said he would:–Require more affluent people — couples making more than $160,000 — enrolled in Medicare to pay a higher premium for their prescription drugs than less-wealthy people.–Raise the tax exemption for each dependent child from $3,500 to $7,000.–Offer people the option of choosing a simpler tax system with two tax rates and a standard deduction instead of sticking with the current system.–Suspend for one year all increases in discretionary spending for agencies other than those that cover the military and veterans while launching an expansive review of the effectiveness of federal programs.
But... I thought McCain was a liberal who claimed to be a Republican and only wanted to raise our taxes???Atleast, thats what you'd think reading some of whats said here...
There's a reason why patriotism is considered a conservative value. Watch a Tea Party rally and you'll see people proudly raising the American flag and showing pride in U.S. heroes such as Thomas Jefferson. Watch an OWS rally and you'll see people burning the American flag while showing pride in communist heroes such as Che Guevera. --Bob, from some news site
