Our opponent in this election supports plans to raise taxes on income, payroll, investment income, business income, and altogether would increase the tax burden on the American people by hundreds of billions of dollars. But ask yourself: If you're trying to run a small business, or to keep your job at a plant, or keep a small farm in the family, how are you going to be better off if he adds a massive tax burden to the American economy?
In Alaska, we've also made some serious reforms in energy policy. When oil and gas prices went up dramatically, and filled up the state treasury, I sent a large share of that revenue right back where it belonged -- directly to the people of Alaska. And despite fierce opposition from oil company lobbyists, we broke their monopoly on power and resources. As governor, I insisted on competition and basic fairness to end their control of our state and return it to the people. I fought to bring about the largest private-sector infrastructure project in North American history. And when that deal was struck, we began a nearly $40 billion natural gas pipeline to help lead America to energy independence.
Energy security is one of the great issues in this presidential campaign, and I look forward to debating it. Our opponents keep saying that drilling will not solve all of America's energy problems -- as if we didn't already know that. But the fact that drilling won't solve every problem is no excuse to do nothing at all. Starting in January, in a McCain-Palin administration, we're going to lay more pipelines and build more nuclear plants, create jobs with clean coal, and move forward on solar, wind, geothermal, and other alternative sources. We need American energy resources, brought to you by American ingenuity, and produced by American workers.
John McCain is a man who has always served his country and not just his party, and that's exactly the spirit we need in Washington today. Politics isn't just a game of clashing parties and competing interests. The right reason to enter politics is to challenge the status quo, to serve the common good, and to leave this nation better than we found it. No one expects us to agree on everything. But we are expected to govern with integrity, good will, clear convictions, and a servant's heart. And I pledge to all Americans that I will carry myself in this spirit as Vice President of the United States. Thank you for listening.