Posted on 09/26/2016 3:55:08 AM PDT by expat_panama
Greed
A selfish and excessive desire for more of something (as money) than is needed. A continual lust for more.
Envy
A feeling of resentful longing aroused by someone else's possessions or qualities or wealth.
Someone might want to tell Hillary Clinton that greed and envy are two of the seven deadly sins. She's guilty of both.
Her revised tax plan would raise the estate tax to as high as 65% -- up from 40% today. She would also apply the hated death tax to as many as twice the number of estates.
It's one of her dumbest ideas yet — which is saying a lot...
...Hillary isn't far from that — the government eventually owns … everything.
This is a big issue because over the next 25 years or so, tens of trillions of dollars of assets will be transferred from aging baby boomers to their kids and grandkids. The left wants to get its greedy hands on that treasure chest... ...They are the real robber barons who worship money above all else.
If Hillary were to win and adopt this death-tax policy, the small business model in America would largely disappear. Why build a legacy if you cannot pass it on? Donald Trump should say that it is a human right in America that you are allowed to leave your worldly possessions to your children.
Trump would eliminate the death tax. He understands that the proper role of government is to facilitate wealth creation, not to destroy it.
Hillary's campaign justified this new confiscation tax by saying that only a few hundred people every year would pay it... ...two-thirds of voters favor eliminating the tax, not doubling down on it.
Moore is an economist with Freedom Works and a senior economic consultant with the Trump campaign.
(Excerpt) Read more at investors.com ...
Trump wants to repeal the death tax.
It raises very little money and destroys family businesses.
For one thing, those with large estates will be able to make a “donation” to the Clinton’s Foundation to have a huge chunk of their wealth “overlooked” by the IRS. Is there any other reason fo high taxes?
+1.
The Death Tax kills family businesses, forcing heirs to sell for pennies on the dollar.
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