Sunday, October 19, 2008

Well, I’m voting for McCain! Hurraayy!! (Boy, do I feel out of place.) >___>’’

Taxes: First of all, I support John McCain’s tax plan on small-businesses and middle-class families. McCain’s plan features a 25 percent income tax on families earning over $100,000. This tax cut is not only much lower than that of previous years, but also much more beneficial to Americans than Barack Obama’s plan. Obama plans to heavily tax households that earn over $250,000 annually. This income rate lies just within the boundaries of most small-businesses. Obama’s appeals to the lower classes regarding tax relief for 95% of Americans ignore the fact that the fates of low-income families are directly related to that of small businesses. Small businesses receive subcontracts from larger businesses, which in turn produce jobs for lower classes. A heavy tax on these businesses would result in layoffs and much less interest in expansion. Obama’s plan will likely result in a 50% tax rate on all small businesses, the largest tax rate faced by this group in years. As a result, millions of Americans would lose their jobs, tax evasion and legal tax avoidance would spike, and businesses that kept the economy in motion would slow to a screeching halt. Obama also plans to take money from higher-income families and make annual tax refunds to low-wage families. This income redistribution may seem nice, but essentially, it takes the hard-earned cash of successful individuals who have spent years of their lives dedicated to their trade and gives it to others who may not even deserve it.

Abortion: I also support John McCain’s stance on abortion and stem cell research. McCain does not support abortion except in cases of rape or incest. He is also against stem cell research and the intentional creation of human embryos for research purposes. Instead, he wants to promote adoption as the first option for women facing crises with pregnancy. As an alternative to fetal stem cell research, he will fund research programs such as amniotic fluid and adult stem cell research. He also supports programs designed to educate young women about abstinence and safe sex, which Obama also supports. I personally believe that the very notion of abortion devalues human life, and that in order for our society to make progress, all of us have to take responsibility for our actions as a people. Regarding stem cell research, I agree with the stance presented on McCain’s website; it states: “The compassion to relieve suffering and to cure deadly disease cannot erode moral and ethical principles.” We cannot simply make lives through science and then take them away to save other people. Who are we to judge who deserves life and who doesn’t?

Energy Plan: Obama and McCain’s plans on energy are relatively similar. And although I like Obama’s idea on alternative energy, I have to wonder where all the money to fund his projects will come from. Well, the obvious answer would be through crazy amounts of taxation. Also, while McCain is intent on offshore drilling to decrease our dependence on foreign oil, Obama seems to be very slowly inching us towards bio-friendly alternatives. He plans to pour billions into that sort of research, which may or may not prove fruitful in the long run. In the meantime, we need to find other alternatives to wean ourselves off of our oil dependence. McCain plans to invest in 100 new power plants, clean coal technology, and wind, hydro, and solar power. He has offered a reward for the first person to make battery technology more affordable, and plans to give a $5,000 tax credit for each customer who buys a zero carbon emission car, thereby encouraging automakers to capitalize on buyer’s incentives.

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