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McCain, Romney Offer Cattle Prods To The Economy
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John McCain's we know about; Romney's will be unveiled in short order. (Remember: Fred Thompson thinks economic stimulus plans are kind of girly).
McCain would chop the corporate tax rate from 35% to 25% -- some sort of cut is common to all the Republicans. He'd allow a first year deduction of tech and equipment investments and give a 10% tax credit equal to the first 10% of the investment a company spends on R and D.
Interesting that McCain, while supporting an extension of the Bush tax cuts, does not list them in his plan.
McCain would chop the corporate tax rate from 35% to 25% -- some sort of cut is common to all the Republicans. He'd allow a first year deduction of tech and equipment investments and give a 10% tax credit equal to the first 10% of the investment a company spends on R and D.
Interesting that McCain, while supporting an extension of the Bush tax cuts, does not list them in his plan.
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