Obama’s economic plan focuses on 3 main points to help jump start the economy.
1. Tax cut for working families:
95% of working Americans will receive some type of tax relief. As of right now, the talk is to give a tax credit of up to $500 per person or $1,000 per working family.
2. Tax relief for small businesses and startups:
In an effort to promote innovation and job creation, Obama and Biden will eliminate all capital gains taxes for small businesses.
3. Fair Trade:
Obama and Biden will do what they can for a more fair trade policy that will help create and support good American jobs. Companies that send jobs overseas will stop receiving tax breaks.
Actual campaign video of Obama’s economic plan:
