Wyoming Rep. Lummis: Some Constituents Planning Death Before Estate Tax Rise

[Swede]

Whoo boy :shrug:


Lummis declined to name any of the people who have made the comments about preferring death to a tax increase.

The estate tax, first enacted in 1916, temporarily disappeared for 2010 while political wrangling stalemated efforts to revise it. The tax's top rate in 2009 was 45 percent, but estates smaller than $3.5 million -- or $7 million in the case of married couples -- were exempt. That left less than 1 percent of all estates subject to the tax.

http://www.foxnews.com/politics/2010/10/31/wyoming-rep-lummis-constituents-planning-death-estate-tax-rise/

[thunder rising]

1. I think all multi-millionaires believe the world could not go on without them

They are simply too important to die (at all .... ever)

[Jackpine Radical]

2. Could they arrange to cash in before voting on Tuesday?

That would be the only proper thing to do under the circumstances.

[rucky]

3. Gotta cull the herd somehow, I guess.

[AnnieBW]

4. Dick Cheney?

Isn't he a Wyoming resident?

[TheKentuckian]

5. Am I supposed to care??? preemptive, posthumous greedy people seem like weak links to me.

[blogslut]

6. Ha!

Translation:

Rich olds are worried their spawn will kill them in order to dodge teh evil tax man.

[LiberalFighter]

7. How will they feel that the beneficiaries of their estate pays a tax?

Why the hell should they care? They can't use it anyway.

How many times have they avoided paying taxes when they were alive?

[RagAss]

8. Promises, Promises.

[malaise]

9. Bubye you war criminal of a Dick

:evilgrin: