Death to 'Death Taxes'

[papau]

http://www.npr.org/takingissue/20050725_takingissue_estatetax.html

http://www.npr.org/templates/story/story.php?storyId=4704919

Death to 'Death Taxes'

“ American taxpayers understand that cutting the death tax is just tinkering on the edges. Ending it is a matter of principle.....confiscating savings from a small business owner...the politics of hate and class division... ”

Grover Norquist is president of Americans for Tax Reform, a coalition of groups, individuals and businesses opposed to higher taxes.


For the Other Side
June 30, 2006
The Case for Sensible Estate Tax Reform

NPR.org, June 15, 2006 · Today, we Americans pay taxes when we earn our paychecks, when we save, when we invest, when we buy products and services, and then, when we are foolish enough to die, the government wants half of what is left.

This means the same dollar of income is taxed three to four times BEFORE the tax collector asks many small businesses and family farms to liquidate more than half of their saved assets for estate taxes.

On April 15, by an overwhelming vote of 272-162, the House of Representatives passed legislation to end this immoral tax. More than 40 Democrats joined with Republicans to make repeal the onerous death tax permanent. It's now time for the Senate to take up this measure and for Congress to end this dreaded tax once and for all.

<snip>Under the current tax regime, two identical taxpayers with the same amount of income are treated very differently. If taxpayer one chooses to spend all of her income before dying that person pays no additional federal tax. If taxpayer two, however, chooses to save her money to pass onto her children, the government will collect more than half of everything she owns. The idea that this constitutes tax fairness is just absurd.
<snip>


HOW DO WE DISCUSS WHEN NPR JUST PUBLISHES THE LIES WITH NO COMMENT?

[oscar111]

1. Inheritance tax ends massive accumulations of wealth

Important to guard against massive accumulations... when elections are usually just auctioned off, as we do.

[papau]

4. True - indeed civilizations fall when wealth disparity grows too large

not that that ever worries the rich.

:-(

[papau]

2. The Case for Sensible Estate Tax Reform

http://www.npr.org/takingissue/20050725_takingissue_estatetax.html

http://www.npr.org/templates/story/story.php?storyId=4725777

The Case for Sensible Estate Tax Reform

“Those of us who support sensible reform propose that 99.5% of all American families pay not a single penny in taxes on what they leave to their heirs.... Repeal of the estate tax would provide $13 billion dollars in tax breaks to the around 750 wealthiest estates in 2011 alone....In America, hard work, drive, character and talent -- not the accident of birth -- should be most determinative of one's economic and social station in life.”

Gene Sperling is a Senior Fellow at the Center for American Progress. He served in the Clinton administration as the President’s National Economic Adviser and Director of the National Economic Council.

On the Other Side
June 15, 2006
Death to Death Taxes

NPR.org, June 30, 2006 · Rarely in our history has so much effort been exerted to give so much money to so few under such false pretenses as the current campaign to eliminate the estate tax.

No matter how many high fives Republican operatives give each other for promoting the phrase "death tax," the facts remain. Theirs is an effort to drain hundreds of billions of dollars (full repeal is one trillion over 10 years) from the federal Treasury for the tax-free perpetuation of our nation's largest personal fortunes. This is counter to core American values, fiscal sanity and any semblance of fairness.
<snip>

A critical point that the pro-repeal movement obscures is that the one and only issue dividing us is the magnitude of the estate tax cut for the very wealthiest estates, not whether it should be cut at all. Those of us who oppose full repeal are for sensible reform.

We are committed to promoting the aspiration of Americans to build wealth that they can leave to their children and grandchildren. Sensible reform would ensure that married couples -- without the need for estate tax planning -- could leave $5 million to their heirs tax-free. For couples whose estate consists primarily of a farm or family-owned business, the tax-free legacy would rise to $8 million.

<snip>

[SHRED]

3. Looks like...

The new Republican~Corporation For Public Broadcasting~administration is taking affect.
:banghead:

[papau]

5. I agree - a debate should be fact based - NPR allows GOP lies.

:-(

[oscar111]

8. AAR is really needed. Use YahooGroups to network with others in your

town to lobby AAR to come to your town. Yahoogroups is free forums.

Or urge some union LOCAL to buy a station and put AAR on, as the Anchorage ALASKA IBEW local just did.

a new model for getting AAR into your town.

"radio pays for itself on election day"

urge AFLCIO and DNC to give grants to AAR for expansion.

Both are in great need of a voice, and neither realizes it. Amazing.

Unions have been cut in half since '5O. DNC controls no branch of Government.

Neither has any voice. Coincidence?

[bushisanidiot]

6. "Death tax" type word games are the childish games repukes play

to trick the american taxpayer into bending over for them.

everyone's taxes will end up getting raised once we exclude the children of billionaires from having to pay in anything. they are lazy, greedy bastards.

[oscar111]

10. TANSTAAFL There aint no such thing as a free lunch

is a favorite RW phrase.

Yet the kids of billionaires want a free lunch.. for 80 years.

[Lerkfish]

7. I'm kind of ignorant on this topic, so help me out a little...

can you tell me what the lies are and what the reality is?
usually, I can tell if I'm more familiar with the issue.

thanks in advance.

never mind, while I was typing several others posted and helped clarify it for me.

[Ian David]

9. It's called The Paris Hilton Tax. n/t

[bushisanidiot]

11. Good point! That's an excellent way to put a face to who is getting out

of paying their taxes with the repukes plan.

The Paris Hilton tax.. It's got a nice ring to it!!

[oscar111]

13. THE PARIS HILTON TAX . Birth of a new term

it IS a good one.

[Ian David]

14. The Paris Hilton Tax Cut. I forget where I heard that the first time.

Can't claim credit for it, in any case.

The Paris Hilton Tax Cut (washingtonpost.com)
The Paris Hilton Tax Cut. By EJ Dionne Jr. Tuesday, April 12, 2005; Page A21.
The same people who insist that critics of Social Security privatization ...
http://www.washingtonpost.com/wp-dyn/articles/A45305-2005Apr11.html

TomPaine.com - The Paris Hilton Tax Cut
The Paris Hilton Tax Cut. The House takes up a bill to repeal the estate tax today.
I'll leave it to EJ Dionne to argue why a "yes" vote on this measure ...
http://www.tompaine.com/articles/20050413/the_paris_hilton_tax_cut.php

Keep estate taxes or rich will benefit
Chambersburg Public Opinion, PA - Jul 14, 2005
... So the House passed repeal and the Senate is considering a "compromise" that's virtually equivalent to repeal. Yet it's more accurately a "Paris Hilton Tax.". ...
http://www.publicopiniononline.com/apps/pbcs.dll/article?AID=/20050714/OPINION03/507140309/1014/OPINION

[bushisanidiot]

15. How about the "Entitlement Tax"

after all.. that's how the repukes see themselves.. as those born with entitlements because of their skin color or last name.

[depakid]

12. NPR does this all of the time

Which is why I never listen to them anymore. Cut 'em of in 2003 after their cheerleading for the so called partiot act when the appeals court decisions came down.

They've become just as dishonest- and quite a bit more insidious- than the networks.