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Presidential candidates' recent economic proposals



By AP
14 October 2008 @ 04:50 pm EST

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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_Lower the tax rate on retirement funds to the lowest rate, 10 percent, on the first $50,000 withdrawn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

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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