McCain says 40% of Americans pay no income tax. That is because most are to young to work. He will further cut taxes for the wealthiest corporations and individuals because they will create jobs, he said.
That is George "Custer" Bush's philosophy and look where we are today.
McCain promotes his own plans to double the tax deduction for children to $6,600 per child, to cut the capital gains tax rate, and slash the corporate income tax. "In this country, we believe in spreading opportunity, for those who need jobs and those who create them," he says. "And that is exactly what I intend to do as president of the United States."
McCain adds that the "spread the wealth" philosophy "would also explain some big problems with my opponent's claim that he will cut income taxes for 95 percent of Americans. You might ask: How do you cut income taxes for 95 percent of Americans, when more than 40 percent pay no income taxes right now? How do you reduce the number zero?
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