Thursday, April 03, 2008

The Candidates on Tax Reform

I realized it had been a while since I posted something political on here and I know there is still so much more that we need to know about the respective candidates before it is time to make a decision about who will "lead" our country next.

Here are the frontrunner's positions on taxes and tax reform:

Clinton:

She opposed the 2001 and 2003 Bush tax cuts and opposed extending them through 2010.
She not only wants to end the Bush tax cuts but she also wants to rescind tax cuts for anyone making over $25,000 a year.

Obama:

Opposed extending the Bush tax cuts through 2010 and wants to reduce them in order to pay for programs such as health care.
He has stated that he will make certain that the wealthy WILL pay more taxes.

McCain:

He opposes the Bush tax cuts in 2001 and 2003 but voted for extending them through 2010.
As of February 2008, he has stated that he will veto ANY tax increase and wants a 3/5 majority in Congress to raise taxes.
He is opposed to the FairTax.

No comments:

Post a Comment