What will McCain do to improve the econmy?

John McCain Will Cut Taxes For Middle Class Families. John McCain will permanently repeal the Alternative Minimum Tax (AMT) – a tax that will be paid nearly exclusively by 25 million middle class families. Repealing this onerous tax will save middle class families nearly $60 billion in a single year. Under McCain's plan, a middle class family with children set to pay the AMT will save an average of over $2,700 – a real tax cut for working families.

John McCain Will Double The Personal Exemption For Dependents. John McCain believes the tax code should be less of a burden on those, whether they are mothers and fathers or single parents, who are trying to raise a family. He proposes to raise the personal exemption for each dependent from $3,500 to $7,000.

Pro-Growth Tax Policy:

John McCain Will Keep Tax Rates Low. Entrepreneurs are at the heart of American innovation, growth and prosperity. They 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 Maintain The Current Income And Investment Tax Rates And Fight The Democrats' Plans For A Crippling Tax Increase In 2011. Left to their devices, Democrats will impose a massive $100 billion tax hike, almost $700 per taxpayer every year. John McCain has also long sought permanent and immediate reform of the estate tax, and supports raising the exemption from taxation on estates up to $10 million while cutting the tax rate to 15 percent.

John McCain Will Make It Harder To Raise Taxes. John McCain believes it should require a 3/5 majority vote in Congress to raise taxes.

John McCain Will Reward Saving, Investment And Risk-Taking. Low taxes on dividends and capital gains promote saving, channel investment dollars to innovative, high-value uses and not wasteful financial planning. John McCain will keep the current rates on dividends and capital gains and fight anti-growth efforts by Democrats.

John McCain Will Improve Business Investment Incentives. John McCain proposes to permit corporations to immediately deduct the cost of equipment investment, providing a valuable pro-growth investment incentive. Expensing of equipment and technology will provide an immediate boost to capital expenditures and reward investments in cutting-edge technologies.

Tax Cuts On American Employers:

John McCain Will Reduce The Federal Corporate Tax Rate To 25 Percent From 35 Percent. John McCain believes the taxes we impose on American companies should be no higher than the average rate our major trading partners impose on theirs. We currently have the second-highest combined corporate-tax rate in the industrialized world, and it is driving many businesses and the jobs they create overseas.

Pro-Innovation Tax Cuts:

John McCain Will Ban Internet Taxes. 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.

John McCain Will 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.

John McCain Will 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 U.S., 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.

Retirement Tax Cut:

John McCain Will Act To Lower Medicare Premiums. Seniors face a growing threat from higher Medicare premiums that tax away their Social Security and retirement savings. John McCain has proposed comprehensive, pro-market health care and Medicare reforms to reduce health care costs and control increases in premiums – while delivering high-quality health care.

A Real Choice For Simpler Taxes:

John McCain Will Propose An Alternative New And Simpler Tax System – And Give America A Real Choice. When this reform is enacted, all who wish to stay under the current system could still do so, but everyone else could choose a vastly less complicated system with two tax rates and a generous standard deduction. Americans do not resent paying their rightful share of taxes – what they do resent is being subjected to thousands of pages of needless and often irrational rules and demands from the IRS.

Reforming Washington

Eliminating Wasteful Spending:

John McCain Will Stop Earmarks, Pork-Barrel Spending, And Waste. He 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. Unlike Senators Clinton and Obama who have sought a nearly combined $3 billion in earmarks, John McCain has a clear record of not asking for earmarks. Earmarks restrict America's ability to address genuine national priorities and interfere with fair, competitive markets.

John McCain Proposes A One-Year Spending Pause To Evaluate Programs. He believes that outside of essential military and veterans programs there should be a one-year pause in discretionary spending growth that should be used for a top-to-bottom review of the effectiveness of federal programs.

John McCain Has The Leadership And Courage To Make The Right Spending Choices. Reduced spending means making choices. John McCain will not leave office without balancing the federal budget. He will not do it with smoke and mirrors. When he leaves office, he wants to leave a budget that stays balanced after he is gone, and can weather the occasional downturn and unexpected contingency. John McCain will provide the courageous leadership necessary to control spending, including:

Eliminate Broken Government Programs. The federal government itself admits that one in five programs do not perform.

Reform Our Civil Service System To Promote Accountability And Good Performance In Our Federal Workforce.

Eliminating Earmarks, Wasteful Subsidies And Pork-Barrel Spending.

Reform Procurement Programs And Cut Wasteful Spending In Defense And Non-Defense Programs.

Budgetary Reform To Give Tax Cuts A Fair Chance:

John McCain Will Reform Budgeting To Treat Equally Spending And Taxes And To Stop Damaging Tax Hikes. Congress has unfairly stacked the deck to spend more and raise taxes. 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. If low taxes are on the books, budgets don't assume that they last forever. When they expire, those taxes are automatically raised.

Reforming Entitlement Programs For The 21st Century:

John McCain Will Reform Social Security. He will fight to save the future of Social Security while meeting our obligations to the retirees of today and the future without raising taxes. John McCain supports supplementing the current Social Security system with personal accounts – but not as a substitute for addressing benefit promises that cannot be kept. He will reach across the aisle, but if the Democrats do not act, he will. John McCain will not leave office without fixing the problems that threatens our future prosperity.

John McCain Will Act To Control Medicare Growth. The growth of spending on Medicare threatens our fiscal future. John McCain has proposed comprehensive health care reforms that will reduce the growth in Medicare spending, protect seniors against rising Medicare premium payments, and preserve the advancements in medical science central to providing quality care.

John McCain Believes That We Should Not Subsidize The Prescription Drugs Of America’s Most Affluent Individuals. He will propose reforms to reduce the large subsidies in the Medicare drug program.

Promoting Trade and Competitiveness

John McCain Will Lower Barriers To Trade. Ninety-five percent of the world's customers lie outside our borders and we need to be at the table when the rules for access to those markets are written. To do so, the U.S. should engage in multilateral, regional and bilateral efforts to reduce barriers to trade, level the global playing field and build effective enforcement of global trading rules. These steps would also strengthen the U.S. dollar and help to control the rising cost of living that hurts our families.

John McCain Will Act To Make American Workers More Competitive. We must prepare the next generation of workers by making American education worthy of the promise we make to our children and ourselves. We must be a nation committed to competitiveness and opportunity. We must fight for the ability of all students to have access to any school of demonstrated excellence. We must place parents and children at the center of the education process, empowering parents by greatly expanding the ability of parents to choose among schools for their children.

Bolstering Job Security and Assisting Displaced Workers

Reforming The Unemployment Insurance (UI) System:

John McCain Believes We Should Have A Single, Seamless Approach To Job Transition Assistance. The UI system must be more effective in helping those who have lost a job. John McCain will modernize and transform our current programs by consolidating redundant federal programs, strengthening community colleges and technical training and giving displaced workers more choices to find their way back to productive and prosperous lives.

John McCain Will Reform The UI System So That A Portion Of Each Worker's Unemployment

Edit:

I anticipated the question she was going ask before sh

Poor old John McSame will continue to funnel billions of public funds into the pockets of Big Oil! And doesn't that really help out us little folks?

I love those gas prices. And wait until the food prices go up! And THEN wait until you start heating your house this winter!

It's going to be great!

John McCain will drive us further into debt and complete the ruin of our economy. His plans to continue the Bush tax cuts for the wealthy and his warmongering policies are a recipe for insolvency.

I think libsticker knows more how to improve the economy, the invasion/occupation of Iraq, healthcare ,& education more than McCain himself.

Invade Iran so that we continue to dwindle our youth population in more wars is about all I can think of...

make into 3rd world status, bush's( the devil) little heir to the president

OBAMA 08

Same as Bush.....nada