Ravenwood - 08/15/05 06:00 AM
This Washington Post "news" article about the repeal of the estate tax is dripping with class envy from the very beginning.
The Few at the Top of the Heap Disagree on How to Keep the MostThey go on to explain that taxing the evil, hated, rich after they die benefits us regular folk.The very rich and the merely rich are fighting over the fate of the estate tax.
So far, the very rich are winning.
This elite conflict has serious implications for average citizens as well: a sharp reduction in the estate tax would deprive the federal government of tens of billions of tax dollars each year. "Wealthy people will get tax cuts they don't need at the expense of important public services like food stamps and health care," said Matthew W. Gardner of the Institute on Taxation and Economic Policy, a liberal research group.Oh the poor federal government. Wouldn't want to deprive politicians of vote buying money!
Now, I consider myself an average citizen - even though I don't use food stamps or government health care - and I'm all for repealing the death tax. Wealth is the product of hard work and has already been taxed at least once. This may shock WaPo staff writers, but I find the idea of the government waiting for people to die, and then seizing half of their assets to be revolting. Whether I'm impacted or not. Death should not be taxable, ever.
Category: Left-wing Conspiracy
Comments (1) top link me
I love the assumption that more revenue benefits the citizenry.
The beneficiaries are the governing classes, whose unproductivie talents could not command a middle class income in the private sector. This is the one certain result of all progressive politics--income for our rulers. Somehow, utopia can always wait, but they have bills to pay now.
So do the taxpayers, but the governing classes couldn't care less.
Posted by: Brett at August 15, 2005 5:39 PM(c) Ravenwood and Associates, 1990 - 2014