NEW YORK — The Wall Street Journal has reported that Arizona Senator John McCain, the all but certain Republican Nominee for President appears to endorse taxing credit unions as a way of paying for $400 billion in other tax cuts.
The Mar. 3 story, McCain's Economy Platform, Big Tax Cuts With Caveats tried to surmise how McCain would handle the economy as president and discussed his idea for how to pay for the tax cuts.
McCain seeks to extend the Bush tax cuts and would cut corporate income-tax rate from 35% to 25% at a cost to the Treasury of $100 billion a year, the article reported, adding that the total tax cut package will cost $400 billion
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