This week, I have been writing to you each day from the road about a different piece of the plan John Edwards and I have laid out for a stronger America. Today, I would like to talk about our commonsense plan to cut the deficit in half, make health care affordable, support small business, and improve our schools:
1. Cut middle class taxes: Let me be very clear: I will not raise taxes on middle-class Americans by one dime -- I will cut them, including tax cuts to make health care and education more affordable. 98 percent of Americans will pay less taxes under my plan, period.
2. Repeal Bush's tax cuts for the elite to pay for health and education: I will make health care affordable and accessible for all Americans and invest in education by rolling back the Bush tax cuts for individuals making over $200,000 per year.
3. Get government spending under control: I will restore the spending caps of the 1990s to ensure that spending -- outside of education and security -- does not grow faster than inflation.
4. End corporate welfare to reduce the deficit: I will push the McCain-Kerry Corporate Welfare Commission to eliminate wasteful and unnecessary corporate subsidies, and I will use the savings to reduce the deficit.
5. Reduce the corporate tax rate by 5 percent by ending tax breaks for companies that move jobs overseas.
6. Provide significant relief to employers who offer their employees quality health coverage. Our plan will cover certain high-cost health cases and save families up to $1,000 per year.
View our full plan here:
http://johnkerry.com/plan