My wife and I are investors with modest stock holdings and thus partially cover living costs with dividends.
We also are Americans who abhor the thought of future generations paying for our fiscal foolishness–to ask our grandchildren and the as yet unborn to pay off a barely manageable national debt because we in 2003 are unwilling to make a sacrifice.
I speak of the president’s proposal to eliminate taxes on dividends.
It is obvious to me that President Bush and his party are unconcerned with the future, caring only about his own approval rating.
And he believes that a tax break for those who don’t need it will assure a high rating.
In this time when the president declares it is necessary to increase military spending substantially, it is unconscionable that he does not tell us we must also make a substantial sacrifice.
