Aaron Miller recently shared some of his top priorities for federal tax reform. High on the list is eliminating the estate or death tax. After all, why should the government interfere in people passing their property to their beneficiaries? If the goal is to break up dynasties, then set the limit up in the dynasty dollar range, not where you break up family farms and small businesses.

Another high priority for Aaron is to stop the taxing Social Security benefits at thresholds set in the early ’80s and ’90s. When tax thresholds are not indexed for inflation, many taxpayers find themselves caught in a taxable event that they were not meant to be in. Now is the time to permanently change where Social Security benefits begin to be taxed and provide tax relief to our senior citizens.

Interest income these days is so small, Aaron asks why it is taxed for those in or below the 15 percent marginal tax bracket. Give those taxpayers an incentive to build an emergency fund or save for a down payment or other household priority.

Vote for Aaron Miller, the Republican candidate for the 1st Congressional District.

His common-sense tax policies leave more dollars in taxpayers’ pockets.

 

Mark Bofferding

Rochester