| Obama on the Economy | |
• He supports lowering taxes to help small businesses. • He would cut the corporate tax rate from 35% to 25%. • McCain supports giving tax breaks to businesses for investing in equipment and technology. • He wants to establish a permanent tax credit for research and development. |
• He supports tax incentives for companies that keep jobs in the US. • He believes that the NAFTA agreement should be renegotiated to protect the American economy. • Obama suggests a $75 billion plan for the economy would offer a $500 tax rebate to families and a $250 Social Security supplement to seniors. • He also would put more money into unemployment insurance. • He would give federal money States hardest hit by the housing crisis. • He would stop mortgage fraud and predatory lending with legislation that he proposed two years ago. |
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