- The Washington Times - Friday, January 20, 2012

ANALYSIS/OPINION:

Let’s find out the truth about investment taxes paid on dividends and capital gains. Mitt Romney and everyone else who invests in American business pay a 15 percent investment tax after paying a 35 percent federal income tax, plus state income tax on profits from investment, as well as other business taxes and hidden taxes too numerous to mention.

Investments are risky, and they can be lost. Add up all the taxes, and it’s clear that governments take most of the profits without any of the work, investment or risk.

Without profit, a business cannot survive or support jobs. Since when did making money become evil in America? If it is so wrong to accrue wealth, let’s all be communists and see how well government runs everything, including our lives.

I am sick and tired of opposing political agendas, at least one of which must not be the truth. The goal should be to find the truth, wherever it leads us. Those who are not honest and objective cannot find the truth. Politicians constantly promoting a political agenda cannot accept the truth when it does not support that agenda. But without the truth, what does our government have to offer?

TIM SWAHA

Niagara Falls, N.Y.

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