Presumptive Republican presidential nominee John McCain unveiled details of his economic policy today, telling an audience in Ohio that if elected he would support a real estate tax holiday for beer heiresses.
Sen. McCain said that his tax holiday plan could lead to a revival for the U.S. economy, arguing, "The key to this country's economic well-being has been and will always be those Americans with vast inherited brewery wealth."
The Arizona senator took great pains to indicate that the tax holiday would not be available to all brewery heiresses, "Just those with a net worth of over 100 million dollars."
Mr. McCain's real estate tax holiday proposal came on the heels of the news that his wife, presumptive First Lady nominee Cindy McCain, had failed to pay real estate taxes on her La Jolla, California home for four years.
But Sen. McCain was quick to dismiss speculation that his real estate tax holiday proposal was intended to help his wife, adding, "Anyone who is serious about fixing the U.S. economy would start with the engine of that economy, which as everyone knows is brewery heiresses."
Standing at Sen. McCain's side during his appearance, Mrs. McCain endorsed the real estate tax holiday and offered an explanation for her failure to pay four years' worth of real estate taxes.
"I guess it slipped my mind," she said. "Quite frankly, I've been busy coming up with totally original recipes for my website."
Andy Borowitz is a comedian and writer whose work appears in The New Yorker and The New York Times, and at his award-winning humor site, BorowitzReport.com. He hosts "Countdown to the Election, with special guests Joy Behar (The View) and Jeffrey Toobin (CNN, bestselling author of "The Nine") at the 92nd Street Y in NYC on October 22 at 8 PM. Student tickets half-price. For tickets go to 92y.org.
Want to reply to a comment? Hint: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to
(AP) TEGUCIGALPA, Honduras — Ousted President Manuel...
The nation's largest insurers, hospitals and medical groups...
HAPPY FOURTH OF JULY! The American flag has been painted on bathing...
If it's a rainy weekend and you want to channel that summer feeling, you can rent...
***SCROLL DOWN FOR VIDEO OF PALIN'S RESIGNATION SPEECH...
I wish Hunter S. Thompson had lived to see this. As Hunter said, "When the going gets weird, the...
Anyone who is in any way surprised by Sarah Palin's announcement today that she will...
Reporters are beginning to piece together an explanation for Sarah Palin's...
The first lady's garb is a great way to gauge what's hot for summer style. Michelle...
As Jon Stewart pointed out last night, Mark Sanford is the luckiest man in the world:...
I'm liveblogging the latest Iran election fallout. Email me with any news or thoughts, or follow me...
Alaska Governor Sarah Palin has...
During his interview with ABC's This Week on Sunday, Vice President Joe Biden made...
The Cruise family is down under at the moment, and Sunday Tom, Katie and Suri went to the stage production...
A long weekend, parties, crazy hats, fireworks, and fun...
DENVER — Casket makers catering to natural burials have offered biodegradable coffins made of...
Posted June 29, 2008 | 05:47 PM (EST)