Monday, August 11, 2008

Economy by John McCain

So I was reading John McCain's website and I seen a very good video on there. You can watch the video here.

It's called Jobs for America

And it is about what John McCain to change about the economy. You should watch it. But if you go lower on the page you can learn about taxes and what he wants to do with them.

A little I learned is that : He wants to keep taxes low, ban internet taxes, ban cell phone taxes and allow business to have deductions on equipment and technology that workers use for the first year. This means they will want to buy more stuff and that gives workers better ways of doing their jobs.

This is what he says about keeping taxes low:

Entrepreneurs are at the heart of American innovation, growth and prosperity.
Entrepreneurs create the ultimate job security - a new, better opportunity if
your current job goes away. Entrepreneurs should not be taxed into submission.
John McCain will keep the top tax rate at 35 percent, maintain the 15 percent
rates on dividends and capital gains, and phase-out the Alternative Minimum Tax.
Small businesses are the heart of job growth; raising taxes on them hurts every

That's really good from him.

You should go look at the whole thing and read it yourself.