“The bill...increases the death tax...One economic study shows that this tax increase alone will kill over 800,000 jobs over the next ten years.”
—Just great- a job killing bill loaded with pork that raises taxes and gives Obama a chance to look “bi-partisan”. Is there any other way the Establishment GOP could bungle this?
Thanks for speaking out against this, Senator DeMint.
This ‘negotiation’ just proves that the Republicans in leadership positions have learned nothing. I expected no less.
The establishment GOP is not bungling this issue, they are also socialists and this is exactly what they wantm
“Bi-partisan” means the pubbies caved. I do not want bi-partisanship. I want what is good for all the citizens of this country.
Any pubbie or so-called conservative who embraces bi-partisanship should be rejected as a candidate for or voted out of office.
I want to see that study. almost no one would actually pay that tax (it is 35% on inheritances only over 5 million dollars) and it is a significant decrease compared to every year except 2010. I think between 2003-2009 it was 45% on more than 3 million dollars, and before 2001 it was 55% on more than one million, which is much higher than the compromise rate for 2011
2010 is the only year in recent times that has had no estate tax and it has made virtually no impact at all on the economy.
If Demint wants to filibuster this and destroy the deal, we will have a 55% estate tax on all inheritances over 1 million dollars starting on Jan. 1.
I want to see that study. almost no one would actually pay that tax (it is 35% on inheritances only over 5 million dollars) and it is a significant decrease compared to every year except 2010. I think between 2003-2009 it was 45% on more than 3 million dollars, and before 2001 it was 55% on more than one million, which is much higher than the compromise rate for 2011
2010 is the only year in recent times that has had no estate tax and it has made virtually no impact at all on the economy.
If Demint wants to filibuster this and destroy the deal, we will have a 55% estate tax on all inheritances over 1 million dollars starting on Jan. 1.