From the NY Times: “In addition, Mr. McCain proposed a reduction in the tax on long-term capital gains to 7.5 percent from 15 percent …”
Do you have long-term capital gains? I sure don’t. I’m lucky to gain enough to pay my monthly bills. Won’t help me.
Also … “an acceleration in the tax write-off for stock losses …”
Do you own stock (other than 401K)? I don’t. Won’t help me.
And … “a government guarantee on 100 percent of all savings accounts for six months …”
Who can afford to save nowadays? Won’t help me.