On the Issues: Obama vs. McCain

extend a “Making Work Pay” tax credit of up to $500 for American workers, and $1,000 for working families. Small Businesses

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McCain

Obama

Wants a law to permit the first-year expensing of new equipment and technology.

Wants to retain low rate on capital gains tax and cut estate tax 15%. Will eliminate all capital gains taxes on start-up and small businesses to encourage innovation and job creation. Trade

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McCain

Obama

Voted for North American Free Tree Agreement in 1994. Has been a continuous supporter of free trade and believes free trade and national security go hand in hand. Supports responsible free trade and opposes agreements that do not include labor and environmental protections. Does not support NAFTA and has proposed meeting with Canadian and Mexican officials to amend the agreement. Domestic Intelligence

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McCain

Obama

Has been a continuous supporter of Foreign Intelligence Security Act.

Voted in favor of an amended version of FISA that gave telecommunications companies that cooperated with the government immunity, and says it is important to U.S. security. Though he once adamantly spoke out against FISA, he’s recently supported the act during Congress’ vote extend it.