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Don't Let Class Warfare Turn Into Generational Warfare

Whether you call it "class warfare" or not, income and wealth were dividing lines in the 2012 election.

President Barack Obama campaigned to raise taxes on the top 2 percent of earners. Mitt Romney called the 47 percent of Americans who didn't pay federal income taxes in 2009 "entitled" and "dependent upon government." And income was a strong predictor of voting preferences, too, with richer voters casting ballots for Romney and poorer ones for Obama.