Friday, February 18, 2005

Estate Tax Repeal = Tax Break for Dead Millionaires

In a time when deficits are soaring, and when the gap between the haves and have-nots is growing to revolutionary proportions, it takes a man of rare idiocy (or commitment to millionaires) to argue in favor of extending a tax break that only touches dead millionaires, or the lazy swine that want to live off those dead millionaires instead of working. Missouri Congressman Kenny Hulshof is that rare idiot.

99% of this tax is paid by the richest 5% of the population, and it doesn't even apply to the first million unearned, undeserved, silver-spoon dollars going to next generation. The ONLY plausible reason to oppose the estate tax is the misguided thought that it could interfere with maintaining family farms and family businesses. When rational people offer to exempt such estates, though, Hulshof's supporters refuse to even consider it - "'Any kind of compromise plan is strictly off the table,' said Dena Battle." Why is she so firm on that point? Because the point is NOT to save family farms or small businesses, no matter how much they use them as cover. The point is to preserve privilege for the ultra-wealthy.


Blogger Jacq' said...

It is indeed unfortunate that Dan is aging--not quite gracefully--with such an apparent lack of wisdom. Perhaps some knowledge of Marxian theory... But wisdom?

11/03/2005 5:17 PM  
Blogger Dan said...

Judging from your site, it looks like you're a libertarian. As such, you may suffer from the libertarian biopia - you can see only two sides in a complex world.

Thanks for the hat-tip to my knowledge of Marxist theory - it does come in handy from time-to-time, though falling into the trap of believing that it offers the solution to all society's problems leaves one looking as foolish as someone who likes Ayn Rand.

11/04/2005 7:29 AM  

Post a Comment

<< Home