Or Tax And Spend?

McCain, speaking to small-business leaders in Washington, D.C., said Obama’s plans to restore higher tax rates for upper-bracket taxpayers, increase the capital gains tax rate for the richest families, and possibly raise the cap on Social Security taxes would affect not just the wealthy, but also moderate-income voters and independent businesses.

“Under Senator Obama’s tax plan, Americans of every background would see their taxes rise – seniors, parents, small-business owners, and just about everyone who has even a modest investment in the market,” McCain said at a small-business summit sponsored by the National Federation of Independent Businesses and eBay.

Does anyone want more taxes? Of course, no one does, but with that said please explain how to pay for domestic programs without them. If you do not want more taxes, I have an idea–end the war–there is a bunch of cash.

But wait there is a candidate that says all out fiscal policies can be paid for with tax breaks. Please explain this–spend more money with less income–this is now a sound plan. The cold hard truth is that there will need to be a tax increase somewhere and for someone. n But as usual the American people would prefer to be lied to and made to feel good.  Sorry, sports fans, YOU need to face reality and that reality is that there is a need for a tax increase to generate the funds that will be needed to pay for the programs that you are voting for.