New McCain Rips Old McCain's Argument That Bush Tax Cuts Only Benefit Wealthy

On ABC's This Week today, host George Stephanopoulos asked Sen. John McCain (R-AZ) about Democratic proposals to protect "middle-income Americans" and "only raise" taxes "on the wealthy." In response, McCain bristled at Stephanopoulos's distinction, mockingly warning against rhetoric that talks about "who the, quote, 'wealthy' are in America":


MCCAIN: But more importantly, we'll argue about whether we should increase your taxes or decrease them. Obviously, I'm for decreases in taxes. Maybe Americans want their taxes increased. We'll argue about...
STEPHANOPOULOS: ... for middle-income Americans, only raise them on the wealthy?
MCCAIN: Oh, yes, sure, the wealthy, the wealthy. Always be interested in when people talk about who the, quote, "wealthy" are in America. I find it interesting.
Now that he has to court the hardline anti-tax factions of the conservative movement, McCain is changing his story on tax policy. In 2000, 2001, and 2003, McCain was one of the people "interested" in talking about "who the, quote, 'wealthy' are in America" when he argued against Bush's tax cuts that "mostly benefit the wealthy":
"There's one big difference between me and the others-I won't take every last dime of the surplus and spend it on tax cuts that mostly benefit the wealthy." [McCain campaign commercial, January 2000]

Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal

Don't Sit on the Sidelines of History. Join Alternet All Access and Go Ad-Free. Support Honest Journalism.