advertisement

It's easy but not fair to target wealthy

This is in response to the letter from Leo A. Dietrich about how the Citizens United case helped Republicans, CEO pay is too high and how estates over $10.9 million should be taxed at 40 percent.

First, all the unions, trial lawyers and very wealthy Democrats have been able for decades to shower Democratic politicians with billions of dollars in campaign funds. Now that the field is level, they are crying fowl.

Second, on the issue of CEO pay, CEOs live their jobs 24/7. Their continued employment is based strictly on the performance and success of the company. To compare a person who has spent his life to reach the pinnacle of success to a person who punches a clock and after 40 hours goes home is ridiculous.

Finally, on the issue of estate taxes, Mr. Dietrich feels that people with large estates should be taxed one more time before they are in the ground. Democrats love to tax and spend other people's money. The well-off and very wealthy already pay the vast majority of the taxes today. A person who works 50 years or so to build an estate paid taxes on earnings and on investments, and then some people want them to pay a third time when they die.

It is easy for the Democrats to go after the 5,000 or so estates that would pay this tax a third time because it is small number of people. I wonder if advocates of this tax would feel the same if they had a large estate and their heirs paid 40 percent over the minimum. I think not.

Gerald Aleksy

Elk Grove Village