Economy

McCain 2000 Defended ''Progressive Taxation''

Posted by Matt Ortega on October 24, 2008 at 05:13 PM

In 2000, John McCain appeared on the Hardball with Chris Matthews College Tour at the stop on the Michigan State campus. Back then, he defended the progressive tax system from charges of "socialism," saying there was "nothing wrong" with paying "somewhat more" when "you reach a certain level of comfort" -- read: rich.

STUDENT: I still don't see how that's fair...aren't we getting closer and closer to Socialism and stuff...?

MCCAIN: Look, here's what I really believe: That when you are, when you reach a certain level of comfort, there's nothing wrong with paying somewhat more. But at the same time it shouldn't be totally out of proportion.

Watch the full clip:

Middle-class tax cuts -- exactly what Senator Barack Obama is proposing and John McCain continues to distort. Get the facts and find out what kind of tax cut you would get under the Obama plan.

Comments (5) «

Why has McCain changed his position on this and so many other issues?

Why did he adopt all of George W. Bush's position?

Does he even realize he's done this?

1
SandyH on October 24, 2008 at 06:56 PM

In light of McCain's new strategy of targeting Bush, I think that Senator Obama should throw McCain's line back at him: "Senator McCain, I'm not George Bush. If you wanted to run against George Bush, you should have run 4 years ago."

2
EricIndiana on October 25, 2008 at 08:26 AM

2RickE on October 24, 2008 at 07:42 PM Doesn't anyone in the Democratic party realize that if Obama raises taxes on large corporarions then they will in turn raise the prices of their goods and services to offset the increase in taxes they pay?

In a market economy, supply and demand control prices - only monopolies can set price. If companies were able to set the price of their products there wouldn't be so many business failures

The corporate tax is a tax on profit - not sales. It affects shareholders primarily. It can indirectly affect employees.

Profit used by corporations to invest in plant and are not taxed - in the U.S, that money is not considered taxable profit.

3
dorsano on October 25, 2008 at 11:11 AM

zzzzzzzzzzzzzzzz

4
TheGreatGazoo on October 26, 2008 at 02:13 PM

OLDSHAGGY has opened a very interesting string of discourse in this year's election. McCain and his ultraconservative base has discovered a new way to play the race card. Ask any person of reasonable demeanor to view the Republican rallies and they will tell you "Kill him" in reference to Obama sounds a lot like "lynch him." So now he's a terrorist and he secretly hates White America so much that he put the campaign on hold to visit his grandmother!?!

Oldshaggy obviously does not know the pride of heritage and family connection or the want thereof. Why is it every other culture in America can make some effort to reconnect with their homeland except for Blacks? Asian-Americans do it. Jewish-Americans do it. Latinos do it. But every time an African-American seeks a connection there is something UN-American to it? Since the end of slavery, the integration into American society and success has meant that Blacks must distance themselves from their "lowly African roots."
Are you saying that still, to love America, Blacks must denounce themselves?

Your ignorance even extends to religious preferences. It is extremists that are a danger to the fabric of our society...of any society. Anyone who hides evil intent under the guise of religious calling is a danger. Tony Alamo is the latest of these so-called Christian Extremists.

But to say that you will take a stand with someone for the right reasons (civil liberty)is the mark of a patriot! The Minutemen did it. Kennedy did it. And every real American should stand up for peaceful, hard working Muslim-Americans; not because they are proud of where they came from but bc they even more proud of where they are headed.

5
Rhymes on October 26, 2008 at 05:15 PM


« Hide Comments


Post a comment

Thanks for signing in, . Now you can comment.
(sign out - change name - manage account)