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CNN's Fareed Zakaria: Americans should give half of inheritance to government
The Daily Caller ^ | 10/23/2011 | Alex Pappas

Posted on 10/23/2011 9:00:37 AM PDT by martosko

Time magazine columnist and CNN host Fareed Zakaria says Republican presidential candidate Herman Cain’s “9-9-9” tax reform plan is “sloppy and, in parts, bizarre.”

So he offered his own version of a tax reform plan in his weekly column in Time. In it, Zakaria argues that Americans should give the federal government half of what they inherit.

“I would enact a 50 percent inheritance tax, because nothing is more un-American than an inherited elite that perpetuates itself,” Zakaria wrote for the magazine.

(Excerpt) Read more at thedc.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: cnn; deathtax; election2012; fareedzakaria; hermancain; inheritance; zakaria
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Fareed should lead by example. And why wait for the death tax to kick in? Socialism is a fantastic idea until you run out of other people's money and have to start using your own.
1 posted on 10/23/2011 9:00:43 AM PDT by martosko
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To: martosko

CNN and MSNBC hosts should be given every opportunity to show their true color (red).


2 posted on 10/23/2011 9:03:00 AM PDT by yup2394871293
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To: martosko

If I had what I paid into SS, I’d have something for my kids to inherit!!


3 posted on 10/23/2011 9:03:47 AM PDT by Sacajaweau
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To: martosko

This guy:

Shouldn’t be

On American TV

Telling Americans how to do anything

Has no understanding of economics, America and her norms, or of anything but his socialist sick skull.


4 posted on 10/23/2011 9:04:18 AM PDT by Individual Rights in NJ (Infidel Inside)
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To: martosko

This Muslim motherf@cker can have half my inheritance. It’s only copper, lead, brass and a little gunpowder.. this bastard can have it in any combination he wants.


5 posted on 10/23/2011 9:04:49 AM PDT by Gaffer
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To: Gaffer

Ahmen to that brodda.


6 posted on 10/23/2011 9:05:20 AM PDT by Individual Rights in NJ (Infidel Inside)
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To: martosko

Just send this Marxist nutcase to Cuba, one way.
America is not a communist country — let him give his money to the government and help pay for its crimes against REAL Americans.

The radical left wants Marxism — LET THEM PAY FOR IT


7 posted on 10/23/2011 9:05:46 AM PDT by EagleUSA
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To: yup2394871293

that is truly Marxist... so they give half.. then there will be cry for 3/4...after all, they didn’t earn it. and the earning of ones personal income3 is zero sum game in these peoples eyes.. someone else having money, means they have stolen that money from you. Robespierre would be proud of Mr Z.


8 posted on 10/23/2011 9:06:29 AM PDT by Chuzzlewit
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To: Individual Rights in NJ

Fareed is a darling of the left and advisor to Obama. Obama read his book “The Post American World”.


9 posted on 10/23/2011 9:06:44 AM PDT by Soul of the South (When times are tough the tough get going.)
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To: martosko

If there’s one thing that shouldn’t stay in any tax reform, it is exemptions for state and local taxes. Otherwise, the more fiscally responsible and conservative states and populations will be forced to keep subsidizing the higher-tax, spendthrift states and populations.


10 posted on 10/23/2011 9:06:48 AM PDT by 9YearLurker
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To: martosko

That stupid idiot can take a long walk off a short pier. My other opinion would get me banned


11 posted on 10/23/2011 9:07:13 AM PDT by goat granny
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To: martosko

How would someone named Fareed know what’s “American” and what isn’t?


12 posted on 10/23/2011 9:07:13 AM PDT by clintonh8r (Living well is no longer the best revenge. Revenge is now the best revenge.)
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To: martosko
So your income is taxed when earned. If you invest it and have gains, the Federal Government gets 35% of the net sales before you are paid, and then 15% of your share. If you happen to save up enough at death to leave your family the Federal Government get 50% of that.

Only Fareed and his Socialist friends would view death as a taxable event.

13 posted on 10/23/2011 9:07:43 AM PDT by Mikey_1962 (Obama: The Affirmative Action President.)
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To: martosko
“let justice roll down like waters and righteousness like a mighty stream.”

“It’s not enough to talk about what black folks ought to do,” Alexander once said. “We have to also look at what government is not doing to ensure fairness and equal opportunity. God is on the side of the least of these. Jesus said ‘the first shall become the last and the last shall become the first.’”

14 posted on 10/23/2011 9:07:47 AM PDT by normy (Don't take it personally, just take it seriously.)
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To: 9YearLurker

Oh, and same thing for mortgage deductions, too. Higher taxes in some states also ripple through in higher real estate values—and hence mortgage payments. Time to stop subsidizing that, too.


15 posted on 10/23/2011 9:08:27 AM PDT by 9YearLurker
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To: martosko

Farheed has already given half his brain away in advance.

Seriously, how soon until this guy takes Jay Carney’s job?


16 posted on 10/23/2011 9:08:48 AM PDT by arkady_renko (I want to believe.)
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To: martosko
Well, hells bells, why don't we just be forced to leave 100% to the govt. After all, at 50% it still "is un-American than an inherited elite that perpetuates itself"

L Suppose these freaks have ANY idea how far away from the average American they actually are?

No, probably not. They live in this little 'fair' la-la land where everyone has exactly the same things as everyone else. In other words, a socialist/communist utopia that could never exist in reality.

What low-grade imbecilesidiotsmorons! What ultra-maroons!

17 posted on 10/23/2011 9:08:58 AM PDT by HeartlandOfAmerica (Geithner: Taxes on 'Small Business' Must Rise So Government Doesn't 'Shrink')
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To: martosko

Hey Zakaria, write that check you moron, talk is cheap. You came to America for the opportunity and chance to be on CNN and you are right there in that den of commies.


18 posted on 10/23/2011 9:09:08 AM PDT by Warrior Nurse (Cain is the Harriet Tubman of our time leading blacks off the Democratic plantation to freedom)
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To: martosko

Let’s just abolish the federal government and let the States run the show.


19 posted on 10/23/2011 9:10:16 AM PDT by Brilliant
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To: martosko; PJ-Comix; Charles Henrickson

...Americans should give the federal government half of what they inherit.

Pied Piper Pitt: "Excuse Me???"


20 posted on 10/23/2011 9:10:21 AM PDT by COBOL2Java (Obama is the least qualified guy in whatever room he walks into.)
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