Estate Tax
Now that the Federal Bigotry Amendment has failed (49-48) and the U.S. Senate gets back to the crucial issues facing this country they are beginning to focus on a very important piece of legislation: repealing the estate tax. Another tax cut for the super rich which will increase your taxes. Yes, this will increase your taxes.
As we continue ballooning the federal deficit by passing Paris Hilton legislation guess who has to pay the interest on the treasury bonds we sell to finance this irresponsible behavior? You do. As more and more of your tax dollars are used to further enrich the rich, essential government services will have to be cut. The EPA has already been all but eliminated. Where will the money come from so the Food and Drug Administration can inspect food to keep e coli and mad cow disease at bay? That new medicine your doctor prescribes? Better hope you can trust the drug company to have done its due diligence. Do you like to drive? Where will the money come from for roads and bridges?
Only 1% of estates are taxable under current law. No small family farms or businesses are jeopardized by what the extremists call the "death tax." Yes, we do tax you when you die in this country if you are rich. This is hardly a burden. It does finance many important government programs, from education to cancer research, to national defense. In this nation if you earn or inherit great wealth we expect more of you than we do the poor or the middle class.
Congressman Joe Pitts (PA-16) is an especially strong opponent of the estate tax. Pitts has never seen a tax he hasn't hated. He simply doesn't believe in government. He doesn't think government can be a strong, positive force in people's lives. He's been calling for and voting for, the elimination of this tax for years.
Joe does love to travel on the people's dollar, though. He goes all over the world on junkets. He seems to enjoy the high life so it's no wonder he's looking to preserve it for people like Donald Trump, Richard Mellon Scaife, Bill Gates, and Warren Buffet. How do you feel about paying higher taxes to finance the deficit so their heirs won't have to pay the estate tax?
As we continue ballooning the federal deficit by passing Paris Hilton legislation guess who has to pay the interest on the treasury bonds we sell to finance this irresponsible behavior? You do. As more and more of your tax dollars are used to further enrich the rich, essential government services will have to be cut. The EPA has already been all but eliminated. Where will the money come from so the Food and Drug Administration can inspect food to keep e coli and mad cow disease at bay? That new medicine your doctor prescribes? Better hope you can trust the drug company to have done its due diligence. Do you like to drive? Where will the money come from for roads and bridges?
Only 1% of estates are taxable under current law. No small family farms or businesses are jeopardized by what the extremists call the "death tax." Yes, we do tax you when you die in this country if you are rich. This is hardly a burden. It does finance many important government programs, from education to cancer research, to national defense. In this nation if you earn or inherit great wealth we expect more of you than we do the poor or the middle class.
Congressman Joe Pitts (PA-16) is an especially strong opponent of the estate tax. Pitts has never seen a tax he hasn't hated. He simply doesn't believe in government. He doesn't think government can be a strong, positive force in people's lives. He's been calling for and voting for, the elimination of this tax for years.
Joe does love to travel on the people's dollar, though. He goes all over the world on junkets. He seems to enjoy the high life so it's no wonder he's looking to preserve it for people like Donald Trump, Richard Mellon Scaife, Bill Gates, and Warren Buffet. How do you feel about paying higher taxes to finance the deficit so their heirs won't have to pay the estate tax?
posted by PA progressive @ Wednesday, June 07, 2006
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