Quote:
Originally Posted by MRM
Rick, at the risk of sounding like WWB, please read my posts before you accuse me of socialsit drivel. Drivel, perhaps, but socialist is fightin' words where I come from.
Anyway, I specifically stated that a fair estate tax would have generous excemptions for small businesses and family farms - much like the estate tax had before it was temporarily mostly eliminated. And as Mo pointed out, you gotta take some responsibility for your own well being and plan for death. Why should the US taxpayers bail out someone who didn't take care of his own business? So you and I could pay more INCOME tax?
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I'd think the term "socialist drivel" would be a badge of honor in MN.
And "fair estate tax" is an oxymoron if there ever was one. The fact that you want exemptions from a law based on one's economic status is proof positve that there's nothing fair about it. We should all be robbed equally or not at all. BTW, I'm no lawyer, but I always wondered how our fed. tax code passed Constitutional muster when it came to "equal protection under law".
And let's just say you got all your exemptions for your gov't.-favored grievance groups. Would you suggest the taxes be indexed for inflation so we don't eventually get into another pickle like we now have with the AMT? Your suggestions equate to more of the same loopholes and favors for this or that group, which is why our tax code a) has nothing at all to do with fairness and b) is the single greatest contributor to our class of career politicians who hold onto power by doling out federal favors to supporters and punish enemies via the tax code. Why do you want more of this?