McCain Tells Small Business Owners that Obama Will Be Bad for Business




Here is a report on John McCain's speech before small business owners in Washington, D.C. today:

John McCain said Democratic rival Barack Obama is bad for business in a speech to small business owners.

McCain said Tuesday that Obama's policies would mean higher taxes and higher overhead costs. The Republican presidential nominee-in-waiting also criticized Obama for pledging to renegotiate the North American Free Trade Agreement.

McCain said small businesses make the economy run and that his Democratic rival would slow the creation of new jobs.

"You work hard in small businesses to grow and create new jobs and opportunities for others," McCain said. "The federal government shouldn't make your work any harder." . . .

McCain said small businesses would bear the brunt of the tax increases proposed by Obama. McCain called for phasing out the alternative minimum tax and allowing businesses to write off some new investments.

"I don't want to send any more of your earnings to the government," the Arizona senator said.

McCain, who was introduced by eBay Inc. CEO Meg Whitman, was briefly interrupted by protesters who yelled that war is bad for small business. The protesters were booed, and McCain used the interruptions to call for a civil debate in the campaign.


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