Seals would further damage economy

In this economically unstable time, Dan Seals' tax policies are extremely distressing to me, and they would be disastrous for the economy. Dan Seals has said many times, in speeches and on his Web site, that he supports Rahm Emmanuel's "Fair, Flat Tax Act." This bill would eliminate the distinction between capital gains and other income. It would raise the capital gains tax to as high as 35%. People all across the country have seen their 401(k)s and investments tank in the past two weeks, the last thing they need is a 20% tax hike on what they have left.

The economy is in an incredibly fragile state. Capital gains tax hikes are proven to reduce investment. Reducing investment now would be incredibly foolish and destructive. We cannot afford to elect Dan Seals.

Andy Lappin

Glencoe