Time to do some damage to Kerry's base...

freerepublic and drudgereport

[sauropod]

Good post!

[sauropod]

I don't trust Nordquisling, but this has the ring of truth to it. Wish I had known this a couple of nights ago so i could have been asking the $1000/plate attendees to the 'Rat Unity Dinner about it.

[gitmo]

Boston, Massachusetts - Beacon Hill home (Assessed value: $6.9)

Quite a bargain.

[Theodore R.]

Isn't it amazing that the "little people" still fall for all this Kerry-style hype!

[ErnBatavia]

That's what makes MurryMom our favorite resident troll.

Ms. Mom should take a step back and compare Free Republic with DU....she hasn't been banned here, but from what I understand if she were to express anything to the right of my left turn signal over at DU, she'd have been zotted there.

Yeah, they're the party of tolerance and inclusiveness....yeah, that's it.

[supercat]

Why else would the Bushies reduce the estate tax (paid by only the top 5% of all estates), rather than the payroll tax that is paid by all working stiffs?

The "Estate Tax" may not affect the bottom 95% of the populace (at least not directly) but it really doesn't hit the top 1% either. It--like a great many of the liberals' favorite taxes--targets those who are "making it", but aren't there yet.

If someone has a few million dollars in assets but needs to keep most of their assets liquid in their lifetime (e.g. a family farm or business) they'll get clobbered by the estate tax. Those who don't need to keep their assets liquid can generally avoid the estate tax. To be sure, a billionaire is likely to keep a few million dollars of assets liquid and so may pay more in total estate taxes than someone with a business worth just over a billion, but the much larger portion of the billionaire's wealth will escape taxation.

Given that illiquid funds generally produce less tax revenue than funds which are kept liquid, the government--by encouraging wealthy people to set up various trusts, foundations, and such that are immune from estate taxes, also encourages them to stash their money in a way which produces both less revenue for them and less revenue for the government than other means which they'd otherwise use.

[supercat]

Isn't it amazing that the "little people" still fall for all this Kerry-style hype!

Oh, Kerry will fight to preserve the little people--BY KEEPING THEM "LITTLE".

[supercat]

To be sure, a billionaire is likely to keep a few million dollars of assets liquid and so may pay more in total estate taxes than someone with a business worth just over a billion million

[hoosiermama]

Probably sold it to him on contract....and we'll never know for sure what's in the contract....Just expect it to return to the Kerry fleet in the future...

[Qwinn]

"It--like a great many of the liberals' favorite taxes--targets those who are "making it", but aren't there yet."

As Rich Lowry put it, "Democrats love small business owners... until they succeed, at which point they become 'The Rich'".

Qwinn

[M-cubed]

Democrats being "for the working man".<< They're for the working man allright...fleecing him!...Many more millionaire dem senators then republicans

[M-cubed]

Most of us are too ugly or too dumb to have married well. <<< YOUR looks and YOUR intelligence has nothing to do with critical thinking..

[M-cubed]

actually...the fact that she is here and responding gives hope to the fact that she may come to understand a different view....Ive seen many libs change their views when reality meets rhetoric...

[Brad’s Gramma]

Why else would the Bushies reduce the estate tax (paid by only the top 5% of all estates),

WAIT! TIME OUT! BEEP BEEP! I just thought of something you said....

Looking at your guy's humble homes...you should be GLAD GW reduced that estate tax!

[M-cubed]

Most of us are too ugly or too dumb to have married well. That's why I'm still working for a living, <<<Let me guess...If you had your "druthers"..you would marry rich, quit any and all productive work, and use your riches and leisure time to tell ME how to live...right?...Can you see the hypocrisy???

[NotJustAnotherPrettyFace]

Bump and a ping!

[mathurine]

If he were to become president, how many of these many dwellings would the taxpayers have to pay to secure as Kerry's alternate white houses?

[Texas Eagle]

Boston Globe: John Kerry's Offshore Tax Shelter
http://www.boston.com/globe/nation/packages/kerry/images/day5/tax1.htm

[Humidston]

Oh honey, that is CHOICE! And in the Globe, no less!

....Man of the people my hind foot.

[Gator113]

LOL....Well how do you think I feel....my last name is Gates!!!! Brother Bill wont even speak to me!!