Game-changing idea for the candidates …

Millions of baby boomers are delaying retirement because their IRAs are tanking; millions of retirees are crushed by rising energy and food costs.

Attack these two “kitchen table” issues directly:

1) Increase Social Security benefits by 10% (to help Seniors with rising living costs)

2) Make IRA withdrawal taxable at capital gains rates (they’re currently taxed at ordinary tax rates)

3) Make the first $100,000 of annual capital gains tax-free (they’re currently taxed 15% for many folks)

The last initiative would effect more than retirees, but would exclude “fat cats”.  And, the move would certainly buoy the stock market — at least a little.

* * * * *

Want more from the Homa Files?
     Click link =>
  The Homa Files Blog

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s