Thursday, April 13, 2006
Raise the Death Tax!
Get ready for another barrage of outright lies about the so-called death tax. This latest batch of wretched stinking rancid untruth is paid for by the usual suspects - wealthy Americans who are always seeking to be further coddled and subsidized by working people.
The truth about the federal inheritance tax is that, unless your estate is worth a cool million or two million for a couple, you don’t pay a dime. What’s more, doing away with the alleged “death tax” is very bad news for charities which depend on bequests from the very wealthy. With no need to reduce net worth, the institutions that help out in time of need will be high and dry.
Doing away with the inheritance tax is just another example of greed gone wild at a time of spiraling federal deficits. The moronic ads will show three vultures perched in a dead tree, superimposed with the heads of Democratic Sens. Edward Kennedy of Massachusetts, Hillary Clinton of New York and Harry Reid of Nevada, who the ad says oppose full repeal.
In fact, not only should the estate tax not be abolished, it should be increased. That is my opinion. Sadly, our Senators Lincoln and Pryor are squishy on the subject. Tell them that the rich should not get amnesty from paying a fair share of living in the greatest nation on earth. I’m Pat Lynch with News and Comment on the Arkansas Priority Radio Network.
The truth about the federal inheritance tax is that, unless your estate is worth a cool million or two million for a couple, you don’t pay a dime. What’s more, doing away with the alleged “death tax” is very bad news for charities which depend on bequests from the very wealthy. With no need to reduce net worth, the institutions that help out in time of need will be high and dry.
Doing away with the inheritance tax is just another example of greed gone wild at a time of spiraling federal deficits. The moronic ads will show three vultures perched in a dead tree, superimposed with the heads of Democratic Sens. Edward Kennedy of Massachusetts, Hillary Clinton of New York and Harry Reid of Nevada, who the ad says oppose full repeal.
In fact, not only should the estate tax not be abolished, it should be increased. That is my opinion. Sadly, our Senators Lincoln and Pryor are squishy on the subject. Tell them that the rich should not get amnesty from paying a fair share of living in the greatest nation on earth. I’m Pat Lynch with News and Comment on the Arkansas Priority Radio Network.
