October 23rd, 2008
03:15 PM ET
14 years ago

Obama says McCain puts Main Street last

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/POLITICS/10/23/campaign.wrap/art.obama.ap.jpg caption="Sen. Barack Obama is trying to take the lead in Indiana, a traditionally Republican state."]

(CNN) - Sen. Barack Obama on Thursday charged that Sen. John McCain "wants to keep on putting corporations ahead of workers."

"Just yesterday, Sen. McCain strongly defended the Bush policy of lavishing tax cuts on corporations, including those that ship American jobs overseas.

"He made the strange argument that the best way to stop companies from shipping jobs overseas is to give more tax cuts to companies that are shipping jobs overseas," Obama said at a rally in Indianapolis, Indiana.

Obama was referring to comments McCain made Wednesday in an interview with CNN's Wolf Blitzer.

McCain said that big corporations often move work overseas if they can because the tax rate is much lower.

"If they go to Ireland, they're only paying 11 percent. So where are they going to go where they can create wealth and create jobs? It's simple fundamental economics," McCain said as he defended his plan to cut the corporate tax rate from 35 percent to 25 percent.

Obama on Thursday said, "My opponent may call that 'fundamental economics,' but we know that's just another name for the Wall Street first, Main Street last."

Full story


Filed under: Candidate Barack Obama • John McCain
soundoff (153 Responses)
  1. McFraud

    Hey Deb in AZ said "well i can tell you that a lot of jobs will be folding if these businesses have to pay higher taxes…..why should they stay if they can pay less somewhere else:

    If you paid any attention to Obama, he will have a tax cut for Businesses that stay right here in the USA giving Americans new jobs for the next 2 years, and businesses that ship jobs over seas will have a tax hike.

    October 23, 2008 05:02 pm at 5:02 pm |
  2. yeah right...

    For all those "pro-america" small town, bigots...let's see what America would be like without the educated scientists and researchers including the foreigners who bring their expertise with them but are persecuted and discriminated against by the confederate flag waving so called "real americans". Where would america be without people like Einstein who was not born here, or Oppenheimer and the rest. No nukes to wave around...then what. For a country that owes so much to the immigrants who come to their shores, it's amazing the kind of intolerance you see, especially at the republican rallys

    October 23, 2008 05:02 pm at 5:02 pm |
  3. Pete

    Shipping jobs (the three letter word) overseas? How's that newer Lexus running there pal?

    October 23, 2008 05:03 pm at 5:03 pm |
  4. This one is for That One

    To Sarah1.....Is you last name Limbaugh????????????

    October 23, 2008 05:03 pm at 5:03 pm |
  5. john

    John Mccain you can run but you can't hide.

    October 23, 2008 05:03 pm at 5:03 pm |
  6. Sky

    No McPain

    October 23, 2008 05:03 pm at 5:03 pm |
  7. Michael

    Main Street last and Saks Fifth Avenue ,first. I cannot believe it will take me fifteen more years to pay off my One Hundred and Fifty Thousand Dollar Home Mortgage and Sarah 'Imelda Marcos' Palin blew that much on high fasion clothes in one week ! And now the Mens Store where Tod supposedly blew Five Thousand Dollars, cannot find the records for those purchases ! Where is the money Sarah?!

    October 23, 2008 05:04 pm at 5:04 pm |
  8. LeeAnn

    WE LOVE MCCAIN check your gacts the newspaper that printed the caviar story had to retract it because the Obamas weren't even staying at the Wladorf when this supposedly happened. If your going to belive everything you read then you should also believe the retractions the newspaper had to make.

    October 23, 2008 05:04 pm at 5:04 pm |
  9. virginia nielsen

    For Sue up there... McSame pretends that he defends America, all he does is "show off" !!! With 9 homes and 13 cars he is totally out of the main stream America and his VP wants Alaska to be an independent country ! Check the facts !!! OBAMA 2008-2016 !!!

    October 23, 2008 05:04 pm at 5:04 pm |
  10. republicans hate america

    all these tax cuts that the rich are enjoying now was supposed to create jobs yet we have gone from 4% to 10% unemployment in that time. Please tell us idiots how cutting taxes for the rich creates jobs again?

    October 23, 2008 05:04 pm at 5:04 pm |
  11. Tired of Barbara

    Barbara – 65 yr old white female in NC- You already voted so go troll somewhere else.. or go crochet something.. You are a parrot....
    Hopefully your 401k is gone.. thanks to the dems.

    October 23, 2008 05:05 pm at 5:05 pm |
  12. Obama/Biden

    Mccain is worried that he will have to pay higher taxes if Obama won!
    Obama is only raising taxes on people who make over $250K and Mccain is in tat category.

    October 23, 2008 05:06 pm at 5:06 pm |
  13. No Hillary = No Obama

    And Obama puts himself first. NO Obama No Way No How – ever.

    October 23, 2008 05:07 pm at 5:07 pm |
  14. voter

    beyond last. I don't even think McCain can find main street.

    Rational thoughts:
    Clearly you don't understand coporate taxes. How does giving tax cuts to companies that ship american jobs overseas good for our economy? when there is no jobs, gues what the economy suffers. similiar to now.

    October 23, 2008 05:07 pm at 5:07 pm |
  15. NoTrustInPolitics

    The truth hurts, right Repubs? All the hate you spewed out on Obama and his wife is backlashing. And you say that Liberals are haters? Ffs, just shut up.

    October 23, 2008 05:08 pm at 5:08 pm |
  16. Rena

    Paris- You wasn't going to vote for him anyway. Besides your party is spewing more hate than Wright and Ayers put together. Chanting hate words such, KILL HIM, TERRIOST, and TREASON. Please stop using this as an excuse for your bigotry.

    October 23, 2008 05:08 pm at 5:08 pm |
  17. john

    I think the republicans don't get it.when obama called for change two yrs ago nobody understood.This is what happens when there change in the air; name calling, robotcalls, smear,fear tactics,lies,division of the country by the republican party.Thank god collin powel gets it.
    It'S TIME WE ALL GO THE POLLS AND SAY E N O U G H.

    October 23, 2008 05:09 pm at 5:09 pm |
  18. voter

    WE LOVE MCCAIN

    listening to much to hannity. the obamas have never been in the waldof. it has been disproven.

    October 23, 2008 05:09 pm at 5:09 pm |
  19. ines

    Where is the diversity at McCain – Palin rallies?

    October 23, 2008 05:11 pm at 5:11 pm |
  20. danel

    Sarah1. Carve a "B" on McCain' s supporter face? Do you by any chance have the links on that? How come no arrests? Hmnnn, another lies, I'd say.

    October 23, 2008 05:12 pm at 5:12 pm |
  21. stephanie

    it is FINISHED !!!! we have a new sheriff in town, time to send the rest packing

    October 23, 2008 05:12 pm at 5:12 pm |
  22. karen Raleigh

    C'mon Indiana vote blue–they are the best team for the country.

    October 23, 2008 05:13 pm at 5:13 pm |
  23. Blue is my favourite colour

    I really wish all the Canadians would stop weighing in on this–it's not up to you, it's up to us.

    Considering the hate we've received from you over the years, it's time to shut the heck up and wait until this is over. I don't care what you think, and you have no voice in our election whatsoever. BTW, stop trying to ride around on America's coattails and do something for yourself.

    Obama/Biden 08 & 12

    October 23, 2008 05:14 pm at 5:14 pm |
  24. Vacman

    Don't let voter suppression scare you!! If the lines are long..... wait it out!! The future of America is at stake!

    VOTE early and let your voice be heard!!

    The GOP ticket belongs on Saturday Night Live not in the White House!!!

    Obama, Obama, Obama!!!

    October 23, 2008 05:14 pm at 5:14 pm |
  25. Michael M, Phoenix AZ

    Hey there WE LOVE MCCAIN:
    The Obama's were never at the Waldorf in NYC. Must have been a Republicican misspelling of McPalin who were being interviewed in NYC.

    October 23, 2008 05:14 pm at 5:14 pm |
1 2 3 4 5 6 7