11-10-2008, 01:06 PM
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#116 (permalink)
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Join Date: Jul 2008
Location: NC
Posts: 5,279
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You can get a lot of knowledge simply by using wikipedia.
McCain:
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The two political issues that voters have been most concerned about in 2008 are the economy and Iraq.[253] On the economy, McCain says he would make the Bush tax cuts permanent instead of letting them expire, eliminate the Alternative Minimum Tax so as to assist the middle-class, double the personal exemption for dependents, reduce the corporate tax rate, and offer a new research and development tax credit.[254][255] At the same time, he pledges to eliminate pork-barrel spending, freeze nondefense discretionary spending for a year or more, and reduce Medicare growth.[255] McCain is also opposed to high salaries and lucrative severance deals of corporate CEOs and is in favor of Say on pay laws that give stockholders a vote on executive compensation.[255][256] Another proposal of the Arizona senator is to build 45 new nuclear reactors by 2030, in order to fight climate change and establish U.S. energy independence
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Obama:
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In September 2007, he blamed special interests for distorting the U.S. tax code.[157] His plan would eliminate taxes for senior citizens with incomes of less than $50,000 a year, repeal income tax cuts for those making over $250,000 as well as the capital gains and dividends tax cut,[158] close corporate tax loopholes, lift the income cap on Social Security taxes, restrict offshore tax havens, and simplify filing of income tax returns by pre-filling wage and bank information already collected by the IRS.[159] Announcing his presidential campaign's energy plan in October 2007, Obama proposed a cap and trade auction system to restrict carbon emissions and a ten year program of investments in new energy sources to reduce U.S. dependence on imported oil.[160] Obama proposed that all pollution credits must be auctioned, with no grandfathering of credits for oil and gas companies, and the spending of the revenue obtained on energy development and economic transition costs
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Originally Posted by Janszoon
What? No. No. No. No no no.
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