Apr. 15, Feature - Tax day, all attention is paid to that check to the IRS. 42 cents of every
federal dollar being spent on the military, according to the National Priorities
Project. Although tax policy and funding priorities must pass through Congress,
the President outlines his or her priorities.
And all the three major party
candidates have described their tax policy, generally, anyway. To discuss
the candidates position, we are joined by Bob McIntyre, Director of Citizens
for Tax Justice.
"Well the big difference among the candidates is between the Democrats,
and the Republican John McCain. Hillary Clinton and Barack Obama have called
for additional tax cuts which total somewhere in the order of a trillion
and a half dollars, perhaps two trillion in the next decade. But John McCain
wants something in the order of five to six trillion dollars in tax cuts,
and the only way his chief economic advisor says he wants to pay for it,
is by cutting social security by more than a quarter. "
"[McCain] wants tax cuts, he wants to continue the war in Iraq. And
his only way to pay for that, that he's suggested, any serious way, is to
cut way back on social security benefits. I think that's not going to happen,
which is a good thing. But that means he has nothing to pay for this
enormous amount of deficit spending that we'd face if he became president.
You will find audio, video, blogs, and hard-hitting analysis from progressive journalists. Each day, unravel the double speak of candidates and media pundits, with news and alternative perspectives about the critical issues.
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This website, and its content are the rights and efforts of Pacifica Radio and Free Speech Radio News. This effort is a special project for the 2008 US elections, both the national election and local elections; focusing on the issues that matter most to voters: the Iraq War; Foreign Policy; Health Care; the Environment; Labor; Education, and more.