NEW YORK (CNN/Money) – Besides macro issues such as economic growth or energy policy, President George Bush and Sen. John Kerry are addressing many pocketbook issues ranging from taxes to health insurance to tuition relief and worker pay.

These issues may or may not be raised in the course of Wednesday night's presidential debate on domestic affairs, but we thought it would be helpful to outline some of their proposals.

Keep in mind, neither candidate has made specific dollars-and-cents proposals about two very complex pocketbook issues. Indeed, both of those issues, depending on how they're handled, may negate taxpayer cost savings resulting from the candidates' other pocketbook proposals, should they pass.

The first is reforming the Alternative Minimum Tax, a parallel tax system originally designed to ensure wealthy citizens pay their fair share of taxes. The AMT system does not allow for a number of deductions permissible under the regular tax system.

For instance, the amount of income exempt from AMT is not indexed for inflation. So unless it is reformed, the AMT will affect an increasing number of middle-income citizens. The number of taxpayers affected will jump from 3 million in 2004 to more than 29 million by 2010, according to estimates from the Urban-Brookings Tax Policy Center.

Both campaigns have said they would call for a bipartisan effort to reform AMT.

The second question is how to shore up potential shortfalls in Social Security. Bush has indicated he favors letting younger workers invest some of their Social Security taxes in stocks, while Kerry has said he opposes privatizing Social Security.

So stay tuned.

In the meantime, see what the candidates are proposing to do in four other areas that could affect your wallet.