Friday, April 15, 2005

More Starving of the Beast

The House has once more passed a bill to permanently eliminate the estate tax when the sunset provisions - which 'temporarily' eliminate the tax - expire in 2010. Of course, what this means is that the income tax will eat up more of the slightly above average ($1.4 mil) Joe's estate, while the truly rich will see taxes go down. Hopefully, the Senate will kill this as they have in the past.

What these guys fail to realize is that the beast they are starving is us.

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