Here are some McCain quotes, I like this one the best. Remember, this is just 2003.
MCCAIN: “Shouldn’t we give relief to average citizens who also are double taxed every single day?”
HOST KATIE COURIC: “But, Sen. McCain, if you listen to Commerce Secretary Don Evans, and he just appeared on this program, working Americans, the middle-class Americans, under the Bush proposals will get a major break. A family of four making $39,000 a year, according to Mr. Evans, will get a $1,100 tax cut for several years, allowing them to plan their individual budgets. That sounds like something that won’t just simply benefit the wealthy.”
MCCAIN: “Well, I think it will. But when you look at the percentage of the tax cuts that—as the previous tax cuts—that go to the wealthiest Americans, you will find that the bulk of it, again, goes to wealthiest Americans. … A lot of Americans now are paying a very large a—low and middle-income Americans are paying a significantly larger amount of their income in taxes. I’d like to see them get the bulk of the relief.”
—NBC’s “Today,” Jan. 7, 2003.
“I don’t think the governor’s tax cut is too big—it’s just misplaced. Sixty percent of the benefits from his tax cuts go to the wealthiest 10% of Americans—and that’s not the kind of tax relief that Americans need. … Gov. Bush wants to spend the entire surplus on tax cuts. I don’t believe the wealthiest 10% of Americans should get 60% of the tax breaks. I think the lowest 10% should get the breaks. …
“I’m not giving tax cuts for the rich.”
—
Discussion with media, reported in “Bush, McCain Snip Over
Tax Cut Plans,” Los Angeles Times, and “GOP Rivals Bicker on Taxes,”
Washington Post, Jan. 5, 2000.
7. “Mr. President, the principle that guides my judgment of a tax reconciliation bill is tax relief for those who need it the most—lower- and middle-income working families. I am in favor of a tax cut, but a responsible one that provides significant tax relief for lower- and middle-income families. And I commend Sen. Grassley for moving in that direction. But I am concerned that debt will overwhelm many American households. That is why tax relief should be targeted to middle-income Americans. The more fortunate among us have less concern about debt. It is the parents struggling to make ends meet who are most in need of tax relief.
“I had expressed hope that when the reconciliation bill was reported out of the Senate Finance Committee, the tax cuts outlined would provide more tax relief to working, middle-income Americans. However, I am disappointed that the Senate Finance Committee preferred instead to cut the top tax rate of 39.6% to 36%, thereby granting generous tax relief to the wealthiest individuals of our country at the expense of lower- and middle-income American taxpayers.”
—Senate floor statement during debate over President Bush’s tax relief package, May 21, 2001.
Here is the website of the top 10:
http://www.humanevents.com/article.php?id=24421
Someone earlier mentioned a doctor making $300,000 paying 35%. Okay, let us put this in perspective. Whether married or single, you do not get into the 35% tax bracket (was 39.6% under Clinton) until your TAXABLE INCOME is greater than $349,700. I do know one person with income over $1,000,000 that does not have taxable income over $349,000. And one thing I heard, on Fox News of all places, is that 40% of people with incomes that high do not pay ANY tax due to foreign loopholes and other loopholes.
So, it will not hurt anyone with income over $400,000 having to pay an additional 4.6% of thier income over $349,700 to the government.