U.S. Senator John McCain has been trying to focus on economic policy recently, even though he has admitted that he needs more education on the subject. One thing that would be helpful in this discussion is for John McCain to stop contradicting himself on things like the Estate Tax.
When asked for his position on the estate tax in 2005, John McCain said that following:
I follow the course of a great Republican, Teddy Roosevelt, who talked about the malefactors of great wealth and gave us the estate tax. I oppose the rich passing on fortunes.
This statement doesn’t exactly square with what John McCain just said yesterday about the estate tax. While talking about the economy, McCain proclaimed that ‘The estate tax is one of the most unfair tax laws on the books.’
So much for ‘straight talk.’