Pro-Growth Tax Policy
John McCain Will Keep Tax Rates Low.
Entrepreneurs are at the heart of American innovation, growth and prosperity. They 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 Maintain The Current Income And Investment Tax Rates And Fight The Democrats' Plans For A Crippling Tax Increase In 2011.
Left to their devices, Democrats will impose a massive $100 billion tax hike, almost $700 per taxpayer every year. John McCain has also long sought permanent and immediate reform of the estate tax, and supports raising the exemption from taxation on estates up to $10 million while cutting the tax rate to 15 percent.
John McCain Will Make It Harder To Raise Taxes.
John McCain believes it should require a 3/5 majority vote in Congress to raise taxes.
John McCain Will Reward Saving, Investment And Risk-Taking.
Low taxes on dividends and capital gains promote saving, channel investment dollars to innovative, high-value uses and not wasteful financial planning. John McCain will keep the current rates on dividends and capital gains and fight anti-growth efforts by Democrats.
John McCain Will Improve Business Investment Incentives.
John McCain proposes to permit corporations to immediately deduct the cost of equipment investment, providing a valuable pro-growth investment incentive. Expensing of equipment and technology will provide an immediate boost to capital expenditures and reward investments in cutting-edge technologies.
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Somebody needs to bring up the discussion of the Fair Tax program. While I would love to see it prior to the election, congress should begin discussing it soon, so that the Republicans who are in office are still there to bring logic to the table.
John McCain believes in the working class, understands how unfair tax policies hurt our economy, and how to encourage growth. Please ask him to bring up the Fair Tax at least for the sake of conversation, as it is a viable option. A secondary benefit of the Fair Tax is that it will re-distribute the power over taxation to the citizens/spenders. They can decide how to invest, manage debt, invest in thier future- and the power-brokers in Washington will no longer be able to sell our rights for personal gain.
Thanks