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Romney Campaign Press Release - Sen. McCain Still Claims He Was Right To Vote Against Tax Relief For New Hampshire

January 06, 2008

Insists He Was Right To Vote Against Bush Tax Cuts

NBC's TIM RUSSERT: "Do you believe that voting against the Bush tax cuts was a mistake?"

SEN. JOHN MCCAIN: "Of course not." (NBC's "Meet The Press," 1/6/08)

Watch Sen. McCain Oppose Tax Relief Here: www.youtube.com/watch?v=5swpJxMNU-A

Sen. McCain Is Still Glad He Voted Against Real Tax Relief For Working Families:

Sen. McCain Still Believes He Was Right To Vote Against Numerous Republican Tax Cuts. NBC's TIM RUSSERT: "Do you believe that voting against the Bush tax cuts was a mistake?" SEN. JOHN MCCAIN: "Of course not." (NBC's "Meet The Press," 1/6/08; www.youtube.com/watch?v=5swpJxMNU-A)

Sen. McCain Voted Against The 2001 And 2003 Bush Tax Cuts:

In 2001, McCain Was One Of Only Two Republicans To Vote Against The $1.35 Trillion Tax Cut. (H.R. 1836, CQ Vote #170: Adopted 58-33: R 46-2; D 12-31; I 0-0, 5/26/01, McCain Voted Nay)

In 2003, McCain Was One Of Only Three Republicans To Twice Vote Against The $350 Billion Tax Cut. (H.R. 2, CQ Vote #179: Passed 51-49: R 48-3; D 3-45; I 0-1, 5/15/03, McCain Voted Nay; H.R. 2, CQ Vote #196: Adopted 50-50: R 48-3; D 2-46; I 0-1, 5/23/03, McCain Voted Nay)

Sen. McCain Voted Against Real Tax Relief For New Hampshire Families:

In 2004, The U.S. Treasury Estimated The Effect Of The Tax Cuts Sen. McCain Voted Against On New Hampshire:

- 525,000 New Hampshire taxpayers would see "lower income tax bills" because of the tax cuts McCain voted against.

- 125,000 business taxpayers in New Hampshire saw tax relief which they could invest in "new equipment, hire additional workers, and increase pay" due to the tax cuts McCain voted against.

- "More than 480,000 taxpayers in New Hampshire will benefit from the new 10-percent bracket enacted" because of the tax cuts McCain voted against.

- "Nearly 140,000 taxpayers in New Hampshire will benefit from the ... reduction in income tax rates above 15-percent" because of the tax cuts McCain voted against.

- "More than 180,000 married couples in New Hampshire will benefit from" elimination of the marriage penalty, which McCain voted against.

- "More than 125,000 married couples and single parents in New Hampshire benefit from the increase in the child tax credit" that McCain voted against.

- "125,000 taxpayers in New Hampshire will benefit from the reduced tax rates on capital gains and corporate dividends" that McCain voted against.

(U.S. Treasury Department Website, Posted 4/1/04)

Mitt Romney, Romney Campaign Press Release - Sen. McCain Still Claims He Was Right To Vote Against Tax Relief For New Hampshire Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/295872

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