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Top 0.1 Percent Will Get Nearly $1 Million Tax Cut from McCain
Top 0.1 Percent Will Get Nearly $1 Million Tax Cut from McCain
In a now-famous political moment, Sen. John McCain (R-AZ) suggested Saturday that the definition of “rich” is earning $5 million or more a year. As Ezra Klein pointed out , by this definition more than 99.9 percent of Americans are poor or middle class. McCain said it doesn’t matter what he considers rich because “I don’t want to raise anybody’s taxes. I really don’t. In ...
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John McCain’s Free Money
Oliver Willis — If you’re in the top 0.1% of earners, John McCain’s tax plan says you might be a winner already! ...

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John McCain got right on the edge of class warfare language along the lines that his pal (though resigned from the campaign) and potential Treasury Secretary Phil Graham did when the former Texas Senator accused Americans of being a " nation of whiners ". In recent days, John McCain has said that the folks he considers rich are the ones with assets of more than $5 million . And he also ...
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John McCain got right on the edge of class warfare language along the lines that his pal (though resigned from the campaign) and potential Treasury Secretary Phil Graham did when the former Texas Senator accused Americans of being a " nation of whiners ". In recent days, John McCain has said that the folks he considers rich are the ones with assets of more than $5 million . And he ...
John McCain: Make Less Than $5 Million/Year? Congratulations! You’re Not Rich.Oliver Willis
So, we all know that John McCain with his multiple homes and marriages is far out of the mainstream, but who knew that he considers people who make just shy of $5 million a year part of the great unwashed? I guess that’s the side effect marrying into money and being a media darling produces.