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A Tax Cut Idea for the McCain Campaign

By Wlady Pleszczynski on 9.30.08 @ 12:38PM

Normally our friend George Wittman covers national security. This time, though, in a note to me, he proposes something more in tune with domestic retiree security:

As the McCain campaign is looking around feverishly for a vote-getting device to attract the "middle class," I have a suggestion: He should recommend that the annual required IRA distribution of people of advanced years NOT BE TAXED. Starting with this year and going on through his presidency, this would be extremely welcome to middle class retirees. The money would be valuable to the retirees, not be that big a revenue loss for the Treasury, and have a maximum political effect.