John McCain Releases Economic Plan


	John McCain Releases Economic Plan

muckdog

10-14-2008 2:05 PM

208 views

muckdog says:

Wow, increasing capital losses from $3000 to $15000 that could be deducted from income would help.

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10-14-2008 2:16 PM

chestnut501

Buying mortgages directly from homeowner and replacing them with fixed-rate affordable loans would be a bailout for all the homeowners.

Sounds like a plan to me.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/29d400e5-77c9-46b6-aeb4-fd5ba2c25437/AB1FF1EB-8325-4FEB-AA5C-08ECA7666929/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.kfbk.com/cc-common/news/sections/newsarticle.html?feed=104668&article=4404764" href="http://www.kfbk.com/cc-common/news/sections/newsarticle.html?feed=104668&article=4404764" style="font-size: 11px;">www.kfbk.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.kfbk.com/cc-common/news/sections/newsarticle.html?feed=104668&article=4404764">McCain said he would increase the amount of capital losses from $3,000 to 
$15,000 that could be deducted from income. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.kfbk.com/cc-common/news/sections/newsarticle.html?feed=104668&article=4404764">McCain restated several proposals he announced previously, such as suspending 
rules requiring investors to sell off their IRAs and 401Ks when they reach age 
70 1/2. He also pledged to halve capital gains tax on stocks purchased and held 
for more than a year. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.kfbk.com/cc-common/news/sections/newsarticle.html?feed=104668&article=4404764"><P>He reiterated his plan to buy mortgages directly from homeowners and mortgage servicers, replacing them with manageable fixed-rate loans. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.kfbk.com/cc-common/news/sections/newsarticle.html?feed=104668&article=4404764"><P>Reforming the tax system would provide relief to U.S. workers and create jobs, he said. McCain pledged to double the child deduction from $3,500 to $7,000 and promised $5,000 to buy health insurance for "(every) person in America who chooses it." </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/AB1FF1EB-8325-4FEB-AA5C-08ECA7666929/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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