Disconnect?
Record numbers of people are losing their homes, choosing between rising heating and food costs, and drowning in credit card debt. John McCain's solution? Cut taxes on the corporations causing this pain:
McCain Proposes Business Tax Cuts
By THE ASSOCIATED PRESS
Published: January 17, 2008
AIKEN, S.C. (AP) -- Republican presidential candidate John McCain proposed an economic stimulus plan on Thursday that would lower the corporate income tax rate and provide a host of other tax breaks for business.
His plan would cut the corporate tax rate to 25 percent from 35 percent. McCain said that would expand the U.S. economy, creating jobs and opportunity.
...
It does not contain tax relief for individuals other than to renew a McCain call to make permanent expiring tax cuts passed by Congress in President Bush's first term.
Apparently, McCain is taking his lead from Mr. 3% Giuliani. Though, McCain did mention last week (according to Paul Krugman) that he really doesn't know much about economic, other than having read Alan Greenspan's latest book.
