Arizona Sen. John McCain and former Massachusetts governor Mitt Romney’s debated their positions on the Bush tax cut Wednesday night in California, less than a week before the Super Tuesday contests that could decide the GOP nomination.
Here are the facts about their positions on the Bush tax cut, according to an article on USAToday.com:
Here are the facts about their positions on the Bush tax cut, according to an article on USAToday.com:
The claim: Romney criticized McCain during the debate for voting against tax cuts backed by President Bush and passed by Congress in 2001 and 2003.
The facts: McCain did vote against both tax bills, saying Bush's plan cut taxes too much for the wealthy and not enough for everyone else. "I cannot in good conscience support a tax cut in which so many of the benefits go to the most fortunate among us, at the expense of middle-class Americans who most need tax relief," McCain said in 2001.
During debate in 2004 on a different, smaller tax cut package that he supported, McCain said: "I support extending this tax relief to American families, but we have got to wake up and take a long, hard look at how we are going to pay for all of this." He has since voted to make the Bush tax cuts permanent.
As governor, Romney opposed broad-based tax hikes but signed legislation closing what he called corporate tax "loopholes" that resulted in some businesses paying more taxes. Romney also raised some fees for state services. During the debate, McCain said Romney had raised fees by $730 million, while Romney said the total was $240 million.
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