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Federal Income Tax

Central issues of Election 2012

Central issues of Election 2012

Whoever wins the presidential election in November will confront urgent problems: Should tax cuts scheduled to expire be renewed? Should federal spending be cut to reduce the deficit or would that weaken an already lackluster economy? After one of the hottest summers on record, has the time come for the U.S. to adopt policies to slow climate change? Have sanctions against Iran impeded its nuclear program, and if not, does that make a military strike necessary? What to do about immigration?

Presidential campaigns only incidentally debate such issues. The warring camps seek to motivate major groups of voters by picking one or two issues to wield as weapons. The process simplifies —...