McCain: a "free-enterprise, capitalist, full-bore guy"

If elected: Fiscal Mantra for McCain: Less Is More

Excerpt:

[McCain] aid that he would consider resuscitating the work of a bipartisan tax-reform commission, appointed by Mr. Bush, whose 2005 report on simplifying the tax code was largely ignored by the administration. Using the process that has been used to close military bases, Mr. McCain said he would ask Congress to vote yes or no on an entire tax-simplification program.

...

Mr. McCain now favors the extension of the Bush income tax cuts, saying that letting them lapse would amount to a tax increase that would damage the economy. He said the Democrats’ plans to allow the expiration of the Bush tax cuts for households making at least $250,000 would simply redistribute wealth and lead to an endless fight over who was truly affluent.


Comment: My son says every Presidential candidate should take macro-economics. Here's The final report of the President's Advisory Panel on Federal Tax Reform (pdf) (Suggestion: read the 2 page executive summary!)