John McCain actually said...
The last thing we need in an economic downturn, my friends, is a raise -- is increasing your taxes. Senator Obama wants to raise capital gains tax. He wants to raise small business taxes. He wants to raise the state taxes. He wants to raise a broad variety of taxes. And my friends, I just want to establish one fundamental fact with you. If you want a candidate, if you want a president of the United States that's going to raise your taxes, I'm not your candidate. I'm not your candidate. Senator Obama is.
Context
McCain argues against tax increases during an economic downturn and positions himself as a candidate who will not raise taxes.
07/31/2008