Ravenwood - 04/14/05 06:30 AM
The House voted yesterday to repeal the death tax. That means when a family member dies, the government won't come calling for their 50%. Rep. Kenny Hulshof, R-MO, who authored the bill said, "The death of a family member should not be a taxable event, period." But the Democrats were in hysterics. Leading the pack was Nancy Pelosi, who seems to think that not taking money from dead people somehow steals from the middle class.
"This is reverse Robin Hood," said House Minority Leader Nancy Pelosi (D-Calif.). "We're taking money from middle-class and giving it to the super rich."As if stealing from the rich to give to the middle-class is a noble thing to do.
Category: Notable Quotables
Comments (6) top link me
Nancy Pelosi: the societal relevance of "Hello, Larry" reruns without the rapier wit.
Posted by: Bruce at April 14, 2005 7:43 AMWhat was it Steve Forbes said?
"No taxation without respiration."
Makes sense to me.
Robin Hood was a crook...
;-D
Posted by: Aaron at April 14, 2005 8:10 PMA totally fucked up thing. I can't believe I've ever met a person who thinks they deserve money from a stranger's death. I just don't understand it at all.
I'm always trying to understand an opposing viewpoint, so I can learn from or destroy it, but this won't fit into my brain.
Posted by: DaveJ at April 15, 2005 12:26 AMForget the strangers death business.
Restate it as: "Do you feel you should have a right to decide who you give your property to?"
Posted by: Kristopher Barrett at April 15, 2005 2:26 PMThe super-rich seem to be quite able to shelter their money from estate taxes - giving us such examples of witless heirs as Paris Hilton and the Kennedy clan. It's the people with a few million that get hit hardest, and also the employees of small businesses that get sold to pay the tax.
Posted by: markm at April 15, 2005 5:15 PM(c) Ravenwood and Associates, 1990 - 2014