Ragged 5 months ago under: Teddy Davis, Barack Obama, Tim Russert, Gregory Wallace Report, Social Security, John McCain, Peter Cook
Source: abcnews.com
"The Social Security tax cap, he wants to raise from $105,000 to I think $200,000," McCain told Bloomberg News' Peter Cook. "Do you know how many employers, small-business people that would mean a 12-percent increase in their Social Security tax?"
" I mean, this is just -- Senator Obama wants to raise taxes," he continued."I want to keep tax cuts in place. And I think that it's important that in a time of real crisis, economic crisis in America, the last thing we want to do is raise people's taxes now."
On a Feb., 23, 2005, edition of "Meet the Press," NBC's Tim Russert asked McCain if he would support "as part of the solution to Social Security's solvency problem, that you lift the cap so that you would pay payroll tax, Social Security tax, not just on the first $90,000 of your income, but perhaps even higher?"
"As part of a compromise," said McCain, "I could, and other sacrifices, because we all know that it doesn't add up until we make some very serious and fundamental changes."
Two years later, during a May 13, 2007, appearance on "Meet the Press," Russert asked McCain if he was still open to lifting the Social Security tax cap as part of a compromise.
The Arizona senator said that he is opposed to tax increases while acknowledging that "tough decisions" would be needed as part of a compromise.
"Am I opposed to tax increases?" said McCain. "Yes. But we've got to sit down together and figure out what our options are, and tough decisions have to be made, Republicans and Democrats. And I know how to do that."
Asked about the 2005 remark, a McCain spokesman acknowledged the tension with his current position while arguing that the Arizona senator's criticism of his Democratic rival is still valid because McCain has spoken out against higher Social Security taxes as a 2008 White House hopeful...." abcnews.com
what else is new don't all the presadents hike ss taxes.in a few yrs they wont be any retirment pention waiting for us
McCain is a sadist, Obama is a biggot & Hillary is the Anti-Christ. As I've said before, we're f*cked regardless of who wins.
RON PAUL '08!!!!!!!!
RON PAUL '08!!!!!!!!
was that 'bigot'?
i think he's fully open to ideas of other views, i mean he did grow up in a melting pot, how can he NOT
OBAMA '08
i think he's fully open to ideas of other views, i mean he did grow up in a melting pot, how can he NOT
OBAMA '08
I am still sticking with Inspector Gadget 08!!
Think about everythinh he can do with his gadgets.... lol
Think about everythinh he can do with his gadgets.... lol
dammm blonde what about MacGyver he can build anything do anything.He dedicated to making the world a better place for all.
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