This coming USA presidential election, there are two hot nominees, one from the Democratic Party and one from the Republican Party, these two people that I’m talking about are Barack Obama and John McCain.
John McCain is a lot older than Barack Obama. McCain was born at a military installation in
Barack Obama, who’s in the Democratic Party, would provide a “middle class tax cut” of $500 to $1000, while ending most of the Bush tax cuts, including the one on capital gains taxes. Obama opposes new free trade initiates in
John McCain, who’s in the Republican Party, proposes to retain the Bush tax cuts, repeal the Alternate Minimum Tax, double the personal exemption for dependents, cut the corporate tax rate from 35% to 25%, and institute a new R&D tax credit. McCain would require raising taxes and bad taxes on the Internet and cell phones. He would institute an alternative flat tax that tax payers could decide to. He would also eliminate earmark spending, impose a one year freeze on domestic, discretionary spending, remove dysfunctional spending programs, and reform entitlement spending including Medicare and Social Security. McCain is in favor of personal accounts within Social Security. McCain supports free trade agreements and reforming the unemployment insurance system.
I think they both deserve to be the new president of the
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