McCain/Obuma: On Tax Reform

[Warph]

Barrrrack Obuma

--GovWatch: didn't vote to raise taxes 94 times; at most 54. (Jul 2008)
--I'm running against failed policy of profligate GOP spending. (May 2008)
--I will raise CEO taxes, no doubt about it. (May 2008)
--Under Bill Clinton, rich people didn't feel oppressed. (Apr 2008)
--No tax increase if earning under $250K; tax cuts under $75K. (Apr 2008)
--Raise capital gains tax for fairness, not for revenue. (Apr 2008)
--Tax cut for seniors and those making $75,000 a year or less. (Feb 2008)
--I'm not bashful about it: wealthy will pay more taxes. (Jan 2008)
--Stimulus package: $500 tax cut, & Social Security supplement. (Jan 2008)
--Restore progressive tax; close loopholes; relief to seniors. (Oct 2007)
--Trillion dollar giveaway: the Paris Hilton Tax Break. (Oct 2007)
--Reduce Bush tax cuts to pay for health care & other programs. (Jun 2007)
--Estate tax only affects the wealthiest 1/2 of 1%. (Oct 2006)
--Specific tax relief for families making $75,000 or less now. (Jan 2006)
--Bush tax cuts help corporations but not middle class. (Jun 2004)
--Tax incentives to create jobs at home instead of offshore. (Jun 2004)
--Last thing we need now is a permanent tax cut. (Jan 2008)
--Voted YES on increasing tax rate for people earning over $1 million. (Mar 2008)
--Voted NO on allowing AMT reduction without budget offset. (Mar 2008)
--Voted NO on raising the Death Tax exemption to $5M from $1M. (Feb 2008)
--Voted NO on repealing the Alternative Minimum Tax. (Mar 2007)
--Voted NO on raising estate tax exemption to $5 million. (Mar 2007)
--Voted NO on supporting permanence of estate tax cuts. (Aug 2006)
--Voted NO on permanently repealing the `death tax`. (Jun 2006)
--Voted YES on $47B for military by repealing capital gains tax cut. (Feb 2006)
--Voted NO on retaining reduced taxes on capital gains & dividends. (Feb 2006)
--Voted NO on extending the tax cuts on capital gains and dividends. (Nov 2005)
--Rated 100% by the CTJ, indicating support of progressive taxation. (Dec 2006)


John McCain

--Veto any tax increase; worst thing now is to raise taxes. (Feb 2008)
--2001: tax package with spending restraint, against Bush cuts. (Feb 2008)
--Require a 3/5 majority vote in Congress to raise taxes. (Feb 2008)
--FactCheck: Against Bush tax cuts in 2003; for them in 2006. (Jan 2008)
--Romney raising fees a quarter-billion dollars is a tax hike. (Jan 2008)
--Opposed to the Bush tax cuts as spending got out of control. (Jan 2008)
--Supported Reagan tax cuts because matched by spending cuts. (Jan 2008)
--Reform the tax code that nobody trusts and believes in. (Dec 2007)
--We need a simpler, fairer tax code, but not FairTax. (Nov 2007)
--Tax system is fair; wealthy pay bulk of taxes. (Oct 2007)
--Won't sign no-tax pledge; focus on cutting spending. (Sep 2007)
--Make tax reform commission & vote yes-or-no on outcome. (Aug 2007)
--FactCheck: Families spend $20B on tax prep, not $140B. (Aug 2007)
--Opposed Bush tax cuts, but must extend them now. (May 2007)
--New tax cuts account for contingencies and over-spending. (May 2007)
--Alternative minimum tax is eating Americans alive. (May 2007)
--Bush tax cuts fiscally reckless & favored rich;but keep them. (Apr 2007)
--Consistent on focusing tax cuts more toward middle class. (May 2002)
--Tax plan: $238B over 5 years; $500B over 10 years. (Feb 2000)
--Double child tax credit; add family incentives. (Feb 2000)
--"Balanced approach", and starts a flat tax system. (Feb 2000)
--Reagan Republican: simplify taxes; cut waste. (Feb 2000)
--Big money interests fear closing loopholes. (Jan 2000)
--Remove charitable deduction; it only benefits rich. (Jan 2000)
--Replace employer-provided benefits with a tax cut. (Jan 2000)
--Middle-class tax cut: expand 15% tax bracket. (Jan 2000)
--Don't promise tax cuts from future surpluses we may not have. (Jan 2000)
--1st step to simplify taxes: close special interest loopholes. (Dec 1999)
--Supports flat tax; stop complexity by special interests. (Oct 1999)
--Keep lump-sum earned income tax credit. (Oct 1999)
--Cut marriage tax, inheritance tax, & earnings test. (Sep 1999)
--Taxes should be flatter, lower, and simpler. (Apr 1999)

Voting Record
--GovWatch: 2001: against tax cut that went to rich. (Feb 2008)
--Voting against Bush cuts then for them: not a mistake. (Jan 2008)
--Voted against Bush tax cuts for not reining in spending. (May 2007)
--Voted YES on allowing AMT reduction without budget offset. (Mar 2008)
--Voted YES on raising the Death Tax exemption to $5M from $1M. (Feb 2008)
--Voted YES on repealing the Alternative Minimum Tax. (Mar 2007)
--Voted YES on raising estate tax exemption to $5 million. (Mar 2007)
--Voted YES on supporting permanence of estate tax cuts. (Aug 2006)
--Voted YES on permanently repealing the `death tax`. (Jun 2006)
--Voted NO on $47B for military by repealing capital gains tax cut. (Feb 2006)
--Voted YES on retaining reduced taxes on capital gains & dividends. (Feb 2006)
--Voted YES on extending the tax cuts on capital gains and dividends. (Nov 2005)
--Voted NO on $350 billion in tax breaks over 11 years. (May 2003)
--Voted YES on reducing marriage penalty instead of cutting top tax rates. (May 2001)
--Voted NO on increasing tax deductions for college tuition. (May 2001)
--Voted YES on eliminating the 'marriage penalty'. (Jul 2000)
--Voted YES on phasing out the estate tax ("death tax"). (Jul 2000)
--Voted NO on across-the-board spending cut. (Oct 1999)
--Voted YES on requiring super-majority for raising taxes. (Apr 1998)
--Rated 72% by NTU, indicating "Satisfactory" on tax votes. (Dec 2003)
--Rated 50% by CTJ, indicating a mixed record on progressive taxation. (Dec 2006)
--Implement socially fair, broad-based tax cuts. (Sep 1998)