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Title: Presidential candidates' recent economic proposals
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URL Source: http://www.breitbart.com/article.ph ... QGDRO0&show_article=1&catnum=0
Published: Oct 14, 2008
Author: AP
Post Date: 2008-10-14 17:08:25 by christine
Keywords: None
Views: 89
Comments: 1
Democrat Barack Obama and Republican John McCain recently unveiled new proposals to their economic plans. Here's a look at the presidential candidates' additions to their economic proposals: ___ BARACK OBAMA _Suspend the tax on unemployment benefits _Extend unemployment benefits _A 90-day moratorium on home foreclosures at some banks _A $3,000 tax credit for each additional full-time job a business creates; the tax break would end after 2010 _Allow people to withdraw up to 15 percent of their retirement funds, to a maximum of $10,000, without any penalty this year and next _Price tag: $60 billion over two years ___ JOHN McCAIN _Eliminate taxes on unemployment benefits _Order the Treasury Department to guarantee 100 percent of all savings for six months _Lower the tax rate on retirement funds to the lowest rate, 10 percent, on the first $50,000 withdrawn _Cut the tax rate on capital gains in half, down to 7.5 percent for two years _Price tag: $52.5 billion over two years
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#1. To: Christine (#0)
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams
This selection brought to to you by the good folks at:
RINO-RAT: What's the difference? They play in the same band.
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