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Re: Response to "Scoring McCain's Tax Proposals" by the McCain Campaign
by
Anonymous
So the goal is, "... a tax code that better serves America workers by ensuring that they are not burdened when they invest in their children ..."
But won't the downsizing of government as envisioned by McCain involve:
1) The elimination of most, if not all, federal aid to higher education, including subsidized student loans, resulting in higher college costs,
2) the elimination of most, if not all, federal aid to secondary education, resulting in higher state taxes, higher local property taxes, and/or further decreases in quality education by increasing class size, deferred maintenance in school buildings, etc.
3) the elimination of most, if not all, federal aid for children without health insurance, resulting in higher out of pocket costs for families who want to provide medical care to their children,
4) the elimination of "costly" federal regulations which ensure the safety of children's food and medicine. Who will see to it that there is no lead paint in children's toys? The elimination of these regulations, which McCain describes as "burdensome" on American businesses, will increase costs for American families for the increased sickness and accidents suffered by their children from defective food, medicine, and toys.
So, for each $1 saved by the average working class American family in reduced federal taxes, they are likely to pay more than $1 for the added cost of their children's education, and medical care.
Businesses will love their lower tax rates and the reduced federal regulatory burden, and will pass the resulting higher profits to their mostly wealthy investors in the form of increased dividends. These fat cats will, no doubt, express their appreciation by increasing their contributions to the Republican party.
It is no secret that the basic Republican party philosophy is to "starve the beast." However, one man's beast is another man's safety net.
Every attempt to reduce waste and fraud in government usually results instead in reduced government services. If Senator McCain knows how to eliminate waste and fraud, why didn’t he have it enacted into law when the Republicans controlled Congress, the White House, and the courts? What did Senator McCain do to prevent or stop the massive amounts of waste and fraud in Iraq?
To say it another way, to reward Mr. McCain's wealthy benefactors will require the "Average American Workers who want to invest in their children" to tighten their belts further, and to hope that their uninsured children:
1) never get sick and
2) are so smart that they all get full scholarships.
If Senator McCain knows how to increase the income of the average American worker while also rewarding his wealthy benefactors, why didn't he have it enacted into law when the Republicans controlled Congress, the White House, and the courts?
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Posts and comments are solely the opinion of the author and not that of the Tax Policy Center, Urban Institute, or Brookings Institution. Read the Terms of Participation Recent Entries
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