 In summary, McCain would make the Bush tax cuts permanent instead of letting them expire, he would eliminate the Alternative Minimum Tax in order to assist the middle-class, he would double the personal exemption for dependents, reduce the corporate tax rate, and offer a new research and development tax credit.At the same time, he pledges to eliminate pork-barrel spending, freeze nondefense discretionary spending for a year or more, and reduce Medicare growth.He was also opposed to extravagant salaries and severance deals of corporate CEOs.