Pro-Innovation Tax Cuts
* Ban Internet Taxes: John McCain believes we must make a farsighted, robust, and fervent commitment to innovation and new technologies to sustain our global competitiveness, meet our national security challenges, achieve less costly and more effective health care, reduce dangerous dependence on foreign sources of oil, and raise the quality of education in the United States. John McCain has been a leader in keeping the Internet free of taxes. As President, he will seek a permanent ban on taxes that threaten this engine of economic growth and prosperity.
* Ban New Cell Phone Taxes: John McCain understands that the same people that would tax e-mail will tax every text message — and even 911 calls. John McCain will prohibit new cellular telephone taxes.
* Establish Permanent Tax Credit Equal To 10 Percent Of Wages Spent On R&D. This reform will simplify the tax code, reward activity in the United States, and make us more competitive with other countries. A permanent credit will provide an incentive to innovate and remove uncertainty. At a time when our companies need to be more competitive, we need to provide a permanent incentive to innovate, and remove the uncertainty now hanging over businesses as they make R&D investment decisions.
REFORMING WASHINGTON TO REGAIN THE TRUST OF TAXPAYERS
Wasteful spending in Washington has gone from irresponsible to indefensible. Right now, even the government reports that one-fifth of programs are receiving failing marks. John McCain will restore the trust that Americans have lost in their government spending their hard earned money wisely. (John McCain’s detailed government reform plan may be found here.)
Eliminating Wasteful Spending
* Stop Earmarks, Pork-Barrel Spending, And Waste: John McCain will veto every pork-laden spending bill and make their authors famous. As President, he will seek the line-item veto to reduce waste and eliminate earmarks that have led to corruption. Earmarks restrict America’s ability to address genuine national priorities and interfere with fair, competitive markets.
* Leadership, Courage And Choices: Reduced spending means making choices. John McCain will provide the courageous leadership necessary to control spending, including:
o Eliminate broken government programs. The federal government itself admits that 1 in 5 programs do not perform.
o Reform our civil service system to promote accountability and good performance in our federal workforce.
o Eliminate earmarks, wasteful subsidies, and pork-barrel spending.
o Reform procurement programs and cut wasteful spending in defense and non-defense programs.
Budgetary Reform To Give Tax Cuts A Fair Chance
* Congress Has Unfairly Stacked The Deck To Spend More And Raise Taxes.
o If a spending program is on the books, budgets assume that it is on the books forever — and continues to grow — even if the law says it expires.
o If low taxes are on the books, budgets don’t assume that they last forever. When they expire, those taxes are automatically raised.
o John McCain will reform budgeting to treat equally spending and taxes and to stop damaging tax hikes.
Of course the economy is going into the $*iter, the Government is sucking up every available investment dollar to finance it's super deficit.
This payrolls report comes out monthly in advance of the jobs numbers released by the gov’t on the 1st Friday of each month and is the (alleged) definitive report.
When the economy was growing and the private report was forecasting huge job creation it was routinely dismissed by the lib media as being inaccurate.
How many public sector (aka government) jobs were cut?