Cafe Talk | Talking Points Memo | McCain's Fat Cat Express

McCain's Fat Cat Express

By Dale Hayes - June 27, 2008, 12:42PM

The Center for American Progress has issued a report on McCain's tax plan [sic] and it is as scandalous as McCain said Bush's tax cuts were back in 2000.

Largest 200 corporations (which already earn more than $500 billion a year in PROFITS) would get $45 Billion a year in tax breaks. Wal-Mart, Exxon/Mobile, Conoco/Phillips, Bank of America, AT&T, Berkshire Hathaway, JP Morgan Chase & Co, and Microsoft would each get $1 Billion a year. Tax breaks would total $175 Billion a year, slash the corporate tax rate from 35% to 25% and allow corporations to write off corporate equipment and technology investments.

To get the full details click here (pdf)

Corporate pandering at it's worst and disrespectful of the plight of the average American family who is strugling.

I guess when McCain says 'Putting America First' he means 'Putting Corporate America First'.

Thanks McBush, for nothing. And I really mean it.

Comments (1)

Thanks for drawing attention to this. It's truly extraordinary what the MSM's letting Mccain get away with.

Did you also read the footnotes?

(I usually find them as valuable as the articles)

For instance this one on McCain's ludicrous earmark assertion that he can save $100 billion)

http://blog.washingtonpost.com/fact-checker/2008/05/mccains_fantasy_war_on_earmark.html

Posted by Fran
June 27, 2008 10:30 PM | Reply | Permalink

Coming Soon	Nov. 30-Dec. 4
January 12-16

McCain's Fat Cat Express

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