"Class Warfare"

I will be recording comments that deal with another issue of concern for the GOP this election season; that being the charge of "class warfare" leveled at the democrats and liberals because of some program they might support.

My first entry is that of the payment to chief executives of "stock options" in lieu of salary. Salary would be taxed at the rate of that persons accumulated income...maybe as high as 33 % for those at the top of the income ladder. If that same executive was paid in stock options and he sold those stocks at some latter date, that income would be taxed as a "capital gain" and would be at a much lower tax rate-somewhere around 15 % I believe. Now this is contingent upon my understanding the stock option plan. More research will be required.

Another issue here is that of income made as "interest" and money made as "dividend". Dividend income is not taxed at all while interest income is taxed as part of a worker's total income which usually makes it around 15 or 20 %. On top of that the banks are only paying less than one-tenth of one percent on that money paying interest.

To me, these two items are an indication that there is in fact class warfare being waged in this country and the only conclusion one could come to is the rich are winning-or have already won the war.