Word: taxing
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...Also needed are tax cuts that would encourage investment in energy conservation and alternative-energy development. High oil prices offer an opportunity to boost energy-saving technologies, among them hybrid cars and solar panels. Japan is already a leader in these fields. With the proper support, the country can capitalize on its comparative advantage in global markets...
...McCain wins, of course, scenario No. 2 is impossible. The problem is that so is scenario No. 1. There's simply no way a McCain Administration could pass the kind of large-scale conservative initiative--think of Reagan's big tax cut in 1981 or George W. Bush's in 2001--that fires up the GOP base. Facing large and aggressive Democratic majorities in Congress, McCain will have to drink deeply from the well of bipartisan compromise if he wants to get anything done. The alternative will be veto upon veto as he tries to remain ideologically pure...
...that doesn't sound like McCain. After all, he hasn't always been a conservative stalwart. He opposed Bush's tax cuts in 2001; he has teamed up with Democrats on immigration; he's greener than many of his fellow Republicans when it comes to global warming; and he has often been perceived as halfhearted on the cultural issues beloved by the Christian right. The thing he cares about most is foreign policy, and he might well give Democrats much of what they want on domestic issues if they let him and David Petraeus run the show in Iraq...
...celebrity status of a Karl Rove or a James Carville. Most voters who supported McCain in 2000 but not this year have more obvious gripes: they don't like the way he's shaved his policy positions to approach Republican dogma. They may remember that he opposed the Bush tax cuts before he favored them. They may remember that he was more moderate on social issues like abortion in 2000, decrying the extremists on both sides and saying that "people of good intentions" could come to some understanding. They may be surprised by his free-range bellicosity, rattling sabers from...
...soon co-opted McCain's message - he too vowed to be "a reformer with results" - all the way to the White House. And McCain spent the next several years picking fights with Bush and the GOP establishment over campaign finance, health care, gun control and the President's massive tax cuts, which McCain characterized as fiscally irresponsible. The battles burnished his maverick image, but critics within the party attributed them mostly to vanity and sour grapes. "He was just grumpy about losing to Bush," says Grover Norquist, the antitax activist who has clashed with McCain but supports him now. "Anybody...