McCain Remarks at a Campaign Event in Denver, Colo.

CQ Transcripts Wire
Friday, October 24, 2008; 2:22 PM

MCCAIN: ... the trees chase the dogs. But that's not true thanks to you. Thanks to you, Colorado, in sending us all that water.

But I also want to say I will not renegotiate the Colorado River compact. Colorado will keep its water, and it will not change.

So it's great to be back, my friends. And let's have some straight talk.

We need to win Colorado on November 4th, and with your help we are going to win Colorado, and we are going to bring real change to Washington.


And it's 11 days. And it's 11 days, and I need you to work every single day. This is going to be a tough state, my friends. And we are going to be up late, but we're going to win here.


And thank you for coming out this morning. Thank you for being here. I'm honored. I'm honored by your presence.

May I say -- may I say it has been a long campaign. We have heard a lot of words. We've heard a lot of words.


MCCAIN: You know, one of the messages -- one of the messages that the American people are trying to send people like that is, we want -- they want us to stop yelling at each other. They want us to stop yelling at each other.

So good luck to you, my friend. Thank you. .


AUDIENCE: John McCain! John McCain! John McCain! John McCain!

MCCAIN: A lot of times the people come and yell, and they yell about the war in Iraq. I want to tell you, my friends, we'll bring the troops home. But we will bring them home in honor and victory. We won't bring them home in defeat.


And I've also got some more news for you. We are winning. We are winning in Iraq.


And thank you all, all Americans, for their support of the brave young Americans who are serving our nation in uniform today. Thank you and God bless you for it.


My friends, it's been a long -- it's been a long campaign. And we've heard a lot of words. And after months of campaign trail eloquence, we finally learned what Senator Obama's economic goal is. As he told Joe the plumber back in Ohio, he wants to "spread the wealth around." And just this morning he said it again. He believes in redistributing the wealth, not in politics that grow our economy and create jobs.

Senator Obama is more interested in controlling wealth than in creating it, in redistributing money instead of spreading opportunity. I'm going to create wealth for all Americans by creating opportunity for all Americans.

You know, Senator Obama may say he's trying to soak the rich. But it's the middle class who are going to get through the wringer, because a lot of his promised tax increases misses the target. And to pay for nearly a trillion dollars in new government spending, his tax increase would impact 50 percent of small business income in this country, and the jobs of 16 million middle class Americans who work for those small businesses.

I'm not going to let that happen to you, my friends.


And I want to ask right now, how many people here are involved in small business in America? I want to say thank you. Raise your hands.

Thank you.

How many Joe the plumbers are here?

Thank you. Thank you. Thank you.

You know, my opponent's massive new tax increase is exactly the wrong approach in an economic slowdown. Just yesterday you know we received news that jobless claims have increased by 15,000. And yet, just this week -- just this week...

CROWD: John McCain! John McCain! John McCain!


MCCAIN: Just yesterday, we received news that jobless claims have increased by 15,000. And yet, just this week Senator Obama announced that his plan would have a work requirement, meaning that those who are unemployed would receive no help under the Obama plan. While Senator Obama's tax increases would put even more people out of work. The answer to a slowing economy is not higher taxes.


MCCAIN: The answer to a slowing economy is not higher taxes. But, that's exactly what's going to happen when the Democrats have total control of Washington. We can't let that happen.

(APPLAUSE) MCCAIN: We've already seen a preview of their plans. It's pretty simple and pretty familiar. Tax and spend. When the chairman of the House Financial Services committee, Barney Frank of Massachusetts...


MCCAIN: ... says and I quote, "Focus on an immediate increase in spending." We should take him at his word and when he says that quote, there are quote, a lot of very rich people out there whom we can tax. It's safe to assume that means you.


MCCAIN: You know what it means because the Democratic budget plan they passed just last year with Senator Obama's help, called for raising taxes on people making just $42,000. No wonder they think they're a lot of very rich people out there. Rich for Senator Obama and the Democratic Congress means change in your pocket.

Senator Obama assures us that he has a very clear target of just the top five percent of income earners. And anytime you hear talk of a targeted tax increase, you might want to double check the skill of the marksman.

The U.S. Congressman has been -- the U.S. Congress has been known to fire pretty wildly. Remember the Alternative Minimum Tax? You probably do. You probably do if you're one of the more 30 million Americans currently threatened by it. That targeted tax was originally aimed at just 155 specific people. Once enacted, taxes have a way of spreading and rising and that's why, as president, I'm going to put a stop to the out of control spending so we can keep taxes low.


MCCAIN: The McCain/Palin tax cut is the real thing. By the way, how do you like that Governor Palin? Isn't she wonderful, isn't she great?


MCCAIN: She's done a great job in (INAUDIBLE). She has energized our base and inspired millions and millions of Americans. I can't tell you how proud I am of her. And by the way, speaking of athletes, her husband, four-time world champion, 2,000 miles across Alaska in a snow mobile. A great guy and a great family.


MCCAIN: We're going to double a child deduction for every family. We'll cut the capital gains tax. We'll cut business taxes. To help create jobs and keep American business in America. (END OF COVERAGE)

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