Barack Obama has hit back at comments made by John McCain in a CNN interview, saying his views on taxation were a sign that McCain will put ‘Wall Street first, Main Street last, reports CNN.

“Obama was referring to comments McCain made Wednesday in an interview with CNN’s Wolf Blitzer.

“McCain said that big corporations often move work overseas if they can because the tax rate is much lower.

“If they go to Ireland, they’re only paying 11 percent. So where are they going to go where they can create wealth and create jobs? It’s simple fundamental economics,” McCain said as he defended his plan to cut the corporate tax rate from 35 percent to 25 percent.

“Obama said, “My opponent may call that ‘fundamental economics,’ but we know that’s just another name for the Wall Street first, Main Street last.”

Read the full story here.

Peter Fray

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