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Thread: Earth to McCain

  1. #1
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    Default Earth to McCain

    No federal tax cuts in the World will bring down gas prices to what they were 5-10 years ago. His proposals are just a scam for a few months while he tries to get elected.


    PITTSBURGH ? Senator John McCain offered the broadest look yet at his economic policies in a speech here Tuesday, calling for tax cuts, a freeze of discretionary spending for a year, higher premiums for better-off Medicare recipients and elimination of federal gas taxes this summer to reinvigorate the sagging economy.

    http://www.nytimes.com/2008/04/16/us...hp&oref=slogin

  2. #2
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    Default Re: Earth to McCain

    One of Mr. McCain’s tax proposals would take effect even before the Republican Convention: he called on Congress to suspend the 18.4 cent a gallon federal gas tax from Memorial Day until Labor Day. Mr. McCain said that doing so would provide “an immediate economic stimulus,” but some environmentalists said that the change might encourage more people to use their cars, while Mr. McCain has made combating global warming central to his campaign.



    PITIFUL!

  3. #3

    Default Re: Earth to McCain

    Did someone claim it would bring gas prices down to what they were 5-10 years ago?
    There's no such thing as a pretty good aligator wrestler.

  4. #4
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    Default Re: Earth to McCain

    Calling for tax cuts, is like red meat to Republicans. It's also very poor policy where spending is not controlled (see arguments of conservative Peter Peterson in Running on Empty).

    I know he is trying to score political points, but I see McCain doesn't address any of the major budget items such as defense, and healthcare except to raise Medicare premiums, and take military spending off the cutting board--in short to spend more.

    His plan to do a review of all the agencies and cut fat is just what Reagan proposed with his Grace Commission, in the 80s. Result? Our deficit increased several times under Reagan's helm--because of the tax cuts in combination with an inability to control spending.

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    Default Re: Earth to McCain

    Quote Originally Posted by FloggingSully View Post
    Did someone claim it would bring gas prices down to what they were 5-10 years ago?
    No but even after all the tax cuts the price is still way too high and climbing.

  6. #6
    Super Moderator Zapp Brannigan's Avatar
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    Default Re: Earth to McCain

    I know you're big, Big, but I don't know if you're "planet-sized" big. Don't be so hard on yourself, fella.
    Jacob Schlottke---Gone too soon, and the world is a little less bright because of it. RIP, brother.

    One, two, Evans is coming for you...

  7. #7

    Default Re: Earth to McCain

    The gas tax is a piddly-a$$ tax that doesn't impact much of anything. He should concentrate on cutting spending and cutting (or at least maintaining the current level of) taxes. Nothing worse than raising taxes during a slowdown.

  8. #8
    Olympic Champ RYou's Avatar
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    Default Re: Earth to McCain

    Quote Originally Posted by Big View Post
    No but even after all the tax cuts the price is still way too high and climbing.

    The New York State Fuel Tax is triple the federal take per gallon.

  9. #9
    Super Moderator UGLY's Avatar
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    Default Re: Earth to McCain

    Quote Originally Posted by Flop The Nuts View Post
    The gas tax is a piddly-a$$ tax that doesn't impact much of anything. He should concentrate on cutting spending and cutting (or at least maintaining the current level of) taxes. Nothing worse than raising taxes during a slowdown.

    I agree but as some have said before it is hard to control spending with the war costing so much.

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