A while back in BusinessWeek, McCain supporter Chuck Schwab said don't believe the hype: John McCain will raise your taxes:
It's interesting that the Democratic side is talking about tax increases while we are seeing such a slowdown.
The prospect of tax increases is certainly scary, although we've lived through tax increases in the past, and the economy and the world moves forward. Frankly, I think whoever is elected…those who pay taxes will probably have to pay a little bit more.Even if John McCain is in the White House?
I think so. John seems to be very much of a maverick. He's not frozen in one camp or another camp. I think he will be flexible and hopefully make the best judgments to maximize capital formation, job formation, and the economy's potential.
Of course, you won't hear this level-headed analysis on the Sykes show.
Then Schwab goes on to say:
I think President Bush and Congress were left some really very difficult choices following 9/11. Then the Iraq war occurred and had to be paid for.
"Then the Iraq war occurred"???? Hey Chuck. How did that war just sort of "occur."
Posted by: Keith Schmitz | September 19, 2008 at 09:21 AM