- Entrepreneurs are at the heart of American innovation, growth and prosperity. John McCain believes that entrepreneurs should not be taxed into submission.
- He will preserve low taxes for small business and create more jobs. On the other hand, Senator Obama's proposal is to lift the payroll tax income cap, which would result in the largest Tax increase in American history. Senator Obama will raise taxes on three million small business owners.
- John McCain's economic plan will help small businesses grow by providing investment incentives. His proposal would allow businesses to immediately deduct the cost of equipment investment, providing a valuable pro-growth investment incentive. Meanwhile, Senator Obama will impose across the board tax increases which will leave small business owners with fewer resources to invest in their businesses.
- The bottom line is that across this country, millions of American families are hurting. They are concerned about the prospect of losing a job or a home and need help from our nation's leaders. As President, John McCain will act quickly and decisively to meet today's economy challenges. He will implement the reforms needed to promote the country's economic growth. Senator Obama's plan for the economy is about raising taxes, increasing government spending and isolating America from the benefits of the global economy.
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