Change That Works for You
Senator Barack Obama kicked-off a two week tour called "Change That Works for You" today in Raleigh, North Carolina to highlight his economic policies and plan to get the country back on track.
I’ll take a different approach. I will reform our tax code so that it’s simple, fair, and advances opportunity instead of distorting the market by advancing the agenda of some lobbyist or oil company. I’ll shut down the corporate loopholes and tax havens, and I’ll use the money to help pay for a middle-class tax cut that will provide $1,000 of relief to 95% of workers and their families. I’ll make oil companies like Exxon pay a tax on their windfall profits, and we’ll use the money to help families pay for their skyrocketing energy costs and other bills. We’ll also eliminate income taxes for any retiree making less than $50,000 per year, because every senior deserves to live out their life in dignity and respect. And while John McCain wants to pick up where George Bush left off by trying again to privatize Social Security, I will never waver in my commitment to protect that basic promise as President. We will not privatize Social Security, we will not raise the retirement age, and we will save Social Security for future generations by asking the wealthiest Americans to pay their fair share.
Read the full prepared remarks as Senator Obama discussed the job market, the national debt, college affordability and bankruptcy laws.
John McCain, meanwhile, vows to continue the same failed economic policies of the Bush administration. In fact, Senator Lindsay Graham (R-South Carolina), a staunch McCain supporter, agrees.
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