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McCain Vows to Hold Line on Taxes
By Zachary A. Goldfarb
Sen. John McCain (Ariz.), the likely Republican nominee for president who is seeking to shore up support among conservatives, said today that he would not raise taxes under any circumstances.
"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," McCain said on ABC's "This Week."
Even though McCain has neared locking up the GOP nomination, he still faces wariness among many fiscal conservatives because he voted twice against President Bush's tax cut proposals. Democrats have been using the tax issue, too, to take aim at McCain's reputation as a straight-talker, noting that he originally opposed the tax cuts, but later supported them, and now wants to make them permanent.
By Zachary A. Goldfarb
Sen. John McCain (Ariz.), the likely Republican nominee for president who is seeking to shore up support among conservatives, said today that he would not raise taxes under any circumstances.
"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," McCain said on ABC's "This Week."
Even though McCain has neared locking up the GOP nomination, he still faces wariness among many fiscal conservatives because he voted twice against President Bush's tax cut proposals. Democrats have been using the tax issue, too, to take aim at McCain's reputation as a straight-talker, noting that he originally opposed the tax cuts, but later supported them, and now wants to make them permanent.
