Wherein John McCain reaches into his Six Demon Bag and pulls out a corporate tax holiday in the name of “yachts, corporate jets, all that kind of thing,” while speaking at the Reuters Washington Summit yesterday.
“If you brought $1.5 trillion back to the United States of America, it’s bound to have some positive effect somewhere,” he said at the Reuters Washington Summit. “I don’t see how it would not. Even if they buy more yachts and … corporate jets and all that, it’s bound to have some effect.“
Oh. It will have an effect.
The effect would be an explosion of the deficit that would send even more investments overseas.
Don’t Republicans really hate the deficit?