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The Presidential Candidates' New Tax Proposals - October 27, 2008
Publication Date: October 2008
Publisher(s): Tax Policy Center
Author(s): Roberton Williams
Special Collection: John D. and Catherine T. MacArthur Foundation
Topic: Economics (Economic theory)
Keywords: Economic Well-being; Economic Well-being; Federal Budgets & Fiscal Policy; Taxes and Social Programs
Type: Paper
Abstract:
In response to the deterioration of the economy and the decline in asset values, Senators McCain and Obama have offered new proposals related to unemployment compensation, retirement savings, taxation of capital gains, and job creation. Although the proposals would provide some benefit, they have significant shortcomings.