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Originally Posted by j8ear
Repeal the DEATH TAX...
No taxation without respiration!!!!
The whole notion of an estate tax, as it must be reframed by the thieves who inacted it, is so absurdly disgusting that I really have trouble grasping how anyone, regardless of the rhetoric, talking points, class envy, and declarations that only the rich will benefit, can support this.
Well, I guess I can, since essentially IT IS all about class envy and redistribution of success to the least productive. And this in a nut shell is what the entire repertoire of the left consists of.
Talk of oppression, unfair advantage, do nothing silver spooners is nothing more then subterfuge and misdirection, and essentially enslaving the base to the power hungry, know-it-all, holier then thou, elite's of the politically privledged class.
Shameful,
-bear
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No, what is "shameful" and un-American is the intentional gutting of what was
as recently as five fiscal years ago, a federal revenue and spending situation that was in balance, with what we have today. What you rail against is a policy of rolling back taxes that the wealthiest Americans, compared to the pre-Reagan "reforms", were already rolled back from a bracket as high as 90 percent on some of their income, to no more than 40 percent before the present, shortsighted plan to intentioanlly bankrupt the federal government with the goal of making it impossible for it to meet it's "social contract" with American workers, in place since the post disaster of the 1930's depression.
Read Grover Norquist's comments on this subject:
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http://www.pbs.org/now/transcript/tr..._norquist.html
BILL MOYERS: You're on record as saying, my goal is to cut government in half in 25 years, to get it down to the size where we can drown it in the bath tub. Is that a true statement?
GROVER NORQUIST: No. The first part is an accurate statement of exactly what we're trying to do. We've set as a conservative movement a goal of reducing the size and cost of government in half in 25 years, which is taking it from a third of the economy down to about 17 percent, taking 20 million government employees and looking to privatize and get other opportunities so that you don't have all of the jobs that are presently done by government done by government employees. We need a Federal government that does what the government needs to do, and stops doing what the government ought not to be doing.
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That has not happened. Instead, the administration did not respond in it's fiscal policies to the realities of a mild recession, and the 9/11 attacks that resulted in huge shortfalls in government revenue. For the first time in modern history, the tax cutting agenda was blithely and stubbornly fully implemented with an intent to ignore $500 billion annual federal deficits that resulted.
None of the questions that I asked in my last post have been answered in subsequent that simply take one side of the argument, ignoring the facts that no attempt has been made to decrease non-military federal spending, and no plan is proposed to deal with the rising debt or the permanent situation of large deficits and the increasing portion of federal revenue that will be required just to service the interest costs of the increased borrowing. The cost of oil has barely risen versus gold, which sold at $257 per oz. in the summer of 2001, while oil was priced at $30 per bbl. Gold is $425 and oil is $60 today, arguably because the dollar has been undermined by $2 trillion in new federal debt accumulated in the last four years, along with an increase in trade related debt of another $2 trillion.
Your advocacy for further tax relief for the top one percent is curiously misplaced. Why such concern for them. Many of the wealthiest Americans are not interested in what you are advocating. If you entertain ambitions of somehow joining their ranks, why not concern yourself with the fiscal mess that you and your heirs are already partly responsible to pay for, instead of advocating for further tax cuts that will diminish tax revenue even further?
I outlined in my last post how easy it is for heirs to institute tax deductible measures through life insurance protection to pay inheritance taxes on inherited business related property. Repeating your protests to the current tax policy without offering solutions to the current federal fiscal and monetary crisis is irresponsible, and coincidentally oft repeated by folks who support Bush's war on terror, but offer neither their sons or their money in pursuit of the "cause of freedom".