Originally Posted by bebop

Under McCain's tax plan, this country will have a deficit around $8.6 trillions (source: TIME magazine). That's trillions with a "t."

Before I go any further, let's review what fixed the deficit under Clinton. Right-wingers like to say it's pure luck that Clinton fixed it. Wrong. A big part was the tax increase under Bush Sr. that pushed the deficit to balance level (combined with cuts under Clinton).

This time around, if McCain's plan is implemented, you'll see a similar scenario. Ballooning deficit leads to low consumer confidence leads to a slow economy. And the only way to fix it, just as it was the only way to fix it under Bush Sr., was a tax hike on everybody!! Including the rich, middle, and poor.

If McCain was a straight-line conservative like Bush, he'd probably not implement a tax increase and keep deferring to the next administration. But McCain is a maverick. He doesn't play by the same rule. If a tax hike is needed, he will increase taxes. And if you study his plan, there is no other outcome. Voodoonomics always lead to huge deficit and subsequently a tax hike. Always.

If McCain is elected. Expect to fork up more to Uncle Sam. I guarantee it.