McCain Promises Three Times to Veto Any Tax Increase

 

McCain Promises Three Times to Veto Any Tax Increase

 WASHINGTON, D.C. – For at least the third time in the last two weeks, Sen. John McCain pledged to veto any tax increase if elected President. 

1)  On Sunday, Feb. 17, appearing on This Week with George Stephanopoulos, McCain made an unequivocal promise to oppose any tax increase if elected President:

GEORGE STEPHANOPOULOS:  So on taxes, are you a “read my lips” candidate, no new taxes, no matter what?

SEN. JOHN MCCAIN:  No new taxes I do not — in fact, I could see an argument if our economy continues to deteriorate for lower interest rates, lower tax rates and certainly decreasing corporate tax rates, which are the second-highest in the world, giving people the ability to write off depreciation in a year, elimination of the AMT. There’s a lot of things that I would think we should to relieve that burden, including, obviously, as we all know, simplification of the tax code.

GEORGE STEPHANOPOULOS: But under no circumstances would you increase taxes?

2)  On Sunday, Feb. 3, during an appearance on Fox News Channel’s Fox News Sunday, host Chris Wallace had the following exchange with Sen. McCain:

CHRIS WALLACE:   “As president, will you veto any tax increase passed by a Democratic Congress?”

SEN. JOHN MCCAIN:  “Yes.”

3)  Also on Feb. 3, McCain was a guest on CBS’s Face the Nation, hosted by Bob Schieffer.  Again, he was asked to commit to veto a tax increase:

BOB SCHIEFFER:  “Let’s just say that you do become president and a Democratic congress raises taxes.  What would you do?  Would you veto it?”

SEN. JOHN MCCAIN:  “Sure.  Sure I’d veto it.  I think if we’re gonna be in some shaky times, and by the way I believe the fundamentals of America’s economy are still strong, then the worst thing you can do is increase taxes at that time.”

The video clip of this exchange may be viewed at http://youtube.com/watch?v=I5Xvx17scJk

For two decades, ATR has asked all presidential and federal candidates to commit to their constituents, in writing, to oppose any and all efforts to raise income taxes.  Every Republican nominee since Ronald Reagan has made this commitment, as well as over 90 percent of incumbent GOP House and Senate members. 

Meanwhile, neither of the two remaining Democrat candidates – Sens. Hillary Clinton and Barack Obama – has made any form of commitment, written or otherwise, to veto tax increases.