I don't understand the conservative adherents of the "low tax cult" who demand low taxes but are fine with borrowing billions of dollars to pay for this war, and paying exorbitant prices at the pump. It doesn't make sense. Just don't raise their taxes??!!
Looks like McCain wants to continue the same failed policies that have ruined our economy.
McCain, who would like us to see him as holding a consistent and principled stance on tax cuts and fiscal discipline, is engaging in the mother of all economic policy flip-flops...
If McCain's opposition to Bush's tax cuts was based on the unseemliness of letting deficits balloon for the benefit of top earners in a time of war, then his opposition should have grown stronger. Instead, it grew weaker and then collapsed. Since McCain's votes, we have witnessed budget surpluses turn into projected $400 billion annual deficits....
And that is only the beginning. With the public debt expanding, corporate profits near records, and family incomes down since 2001, McCain has made his signature economic proposal a corporate tax-relief package that will cost $2 trillion to $3 trillion over 10 years.
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