The Corner

The (New) McCain Plan

Today, John McCain will unveil what he calls the “Pension and Family Security Plan.”  The major elements, from a McCain email sent out a few moments ago:

SENIORS: Lower Taxes On Seniors Tapping Their Retirement Accounts.

SENIORS: Suspend Tax Rules That Force Seniors To Sell Their Stocks In The Midst Of This Financial Crisis.

SAVERS: Accelerate The Tax Write-Off For Those Forced To Sell At A Loss In The Current Market.

SAVERS: Reduce Capital Gains Taxes For 2009 And 2010 To Raise The Incentive To Save And Invest.

HOMEOWNERS: Purchase Mortgages Directly From Homeowners And Mortgage Servicers, And Replace Them With Manageable, Fixed-Rate Mortgages.

WORKERS: Eliminate Taxes On Unemployment Benefits.

Byron York — Byron York is is the author of The Vast Left Wing Conspiracy.

Most Popular


A Home Run by Trump

In 2007, the Justice Department was in disarray. Though it was largely exaggerated, a controversy over the firing of some United States attorneys, the intrusion of politics into Justice Department hiring decisions, and White House contacts with Main Justice forced the resignation of an overmatched attorney ... Read More