Letter: Doesn’t seem like much will be left after all Obama’s taxes

Let me see if I have this straight. Obama wants to raise “revenue” by eliminating my home mortgage deduction, increasing the tax on the dividends I receive from my investments paid for by already taxed dollars from 15 percent to 39 percent, tax me to cover the cost of Obamacare, increase the inheritance tax, the money or business value my children will receive after I die, to 55 percent, invoke a carbon tax on oil, gas, and coal companies that generate our electricity, home heating and auto fuel, which will be passed on to the customers that use it, and then wants me to “guarantee” union and public sector employees health care and pension benefits for life? What’s left for me and mine after 60 years of hard work? Work that already paid for public sector services!

What are my guarantees? How will I afford a reasonable retirement with the increased costs as returns on my privately invested dollars are stripped away? Guess I’ll join the welfare club and let someone else worry about it!

— Mark Wilcox

Anchorage