Don't Let Class Warfare Turn Into Generational Warfare

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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.