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GOP policies will set America back

November 3, 2012
The Marietta Times

What if the Republicans with this election? What are the natural consequences? Taxes are their signature issue. They have targeted two taxes to either lower or eliminate. The one is on dividends from investments and the other is the inheritance/estate tax which they like to refer to as the death tax. As I think about these two sources of income, I am struck by how little of my actual income comes from these two sources. Apparently, Mr. Romney's income is composed of 80 to 90 percent from these two sources. Perhaps this is true of other Republican candidates' income as well? So if they are successful, a significant portion of their personal income is untouched by taxes that provide for the common welfare as invisioned by a democratic society. They will be able to pass this untaxed income down the generations intact to the heirs of their choice. Creating what type of society?



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