TaxCorporate TaxRepublicans ‘putting corporations ahead of workers’: Obama

Republicans 'putting corporations ahead of workers': Obama

Obama slams McCain's policy on taxes as the finish line to the US presidency race draws closer

Barrack Obama has criticised Senator John McCain’s tax vision for the US
economy, arguing his policies are heavily in line with George Bush.

Obama used a 35, 000-strong rally of workers in the traditionally Republican
supporting Indianapolis who face losing their jobs, the Associated Press
reported.

‘He made kind of a strange argument that the best way to stop companies from
shipping jobs overseas is to give more tax cuts to companies that are shipping
jobs overseas. More tax cuts for job outsourcers. That’s what Senator McCain
proposed as his answer to outsourcing,’ he said.

Obama’s comments come just days after McCain launched a scathing attack on
his opponents tax policy.

McCain proposes cutting the corporate tax rate to 25% from 35%, while Obama
would raise corporate taxes to help pay for tax cuts for everyone earning under
$250,000 a year.

Further Reading:

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Cindy
McCain releases tax return

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