Posted on 07/31/2005 10:10:45 PM PDT by goldstategop
The law requires that any resident of the Nutmeg State with an estate of more than $2 million pay a death tax of up to 16%--merely for the privilege of dying in Connecticut. The legislators in Hartford hope that the tax will raise $150 million in revenue each year--money that will come in only if the legislators in Hartford are also planning to build a Berlin Wall around the state.
Otherwise, expect a stampede of retirees and family businesses out of Connecticut into the many states without a death tax, such as Florida, which has a constitutional prohibition against estate taxes. Thanks to the Connecticut death levy, a successful small business owner with a $10 million estate can save about $1 million by packing up and heading south. ....
In Washington state, Democratic Governor Christine Gregoire, riding high on her disputed 186-vote victory in last November's elections, linked arms with the Democrat-controlled legislature and overturned a ballot initiative approved by 67% of voters in 1981 that had outlawed a state estate tax. Now Washington imposes a 19% death tax, among the most onerous in the nation....
Not surprisingly, it is generally the liberal, tax-and-spend blue states that are frantically reinstating punitive taxes on death. Will they ever learn? Over the past 20 years about 1,000 people every day have been fleeing these high tax blue states, for low tax red states. It's one reason the Northeast has suffered economically, and declined politically in terms of electoral votes.
George Pataki has effectively declared: "Invest anywhere but in New York." And that's why you can expect to see thousands of creative people from the Northeast whistling Dixie in the months and years ahead.
(Excerpt) Read more at opinionjournal.com ...
(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
What we're talking about are northern liberals who supposedly will leave their northern states for economic reasons, head to the southern states, and bring their liberals ideas with them.
Those same liberals who have screwed up Connecticut and other blue states, can be counted on to try to socialized the south until it's a basket case.
(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
Let me tell you how it will be
There's one for you, nineteen for me
'Cause I'm the taxman, yeah, I'm the taxman
Should five per cent appear too small
Be thankful I don't take it all
'Cause I'm the taxman, yeah I'm the taxman
If you drive a car, I'll tax the street,
If you try to sit, I'll tax your seat.
If you get too cold I'll tax the heat,
If you take a walk, I'll tax your feet.
Don't ask me what I want it for
If you don't want to pay some more
'Cause I'm the taxman, yeah, I'm the taxman
Now my advice for those who die
Declare the pennies on your eyes
'Cause I'm the taxman, yeah, I'm the taxman
And you're working for no one but me.
(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
Hell, charge the dead and everyone else!!!!!
We don't want some poor bimbo denied her 15th. child just 'cause some greedy rich person wanted to give the hard earned money to their heirs!
Yes, but for how long?
Liberals make a mess, and then run away to a place they where they can start making another mess.
That's the problem with liberals. They're like a disease that spreads to wherever they put down roots.
(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
Even more amazing is that the dead still vote Democrat in every election. Will they never learn?
Well, the death tax is also a way for government to make sure land turns over to developers at a steady clip.
It makes perfect sense that dems and leftists want to tax the dead... After all, the phrase "no taxation without representation" goes back as far as the birth of this country. And given the number of dead people that vote dem, they figure the least they can do is pay their fare share of taxes too!
Mark
Blue state... UGH.
http://antiochagonistes.blogspot.com/2005/07/color-me-blue.html
Does anyone know the amount of exemption in each state..WA and NY?
The Tax Collector's Creed
Now he's a common, common man
So tax him, tax him, all you can.
Tax his house, Tax his bed;
Tax the bald spot on his head.
Tax his drink, Tax his meat,
Tax the shoes right off his feet.
Tax his cow, Tax his goat;
Tax his pants, Tax his coat;
Tax his crop, Tax his work;
Tax his ties, Tax his shirt;
Tax his chew, Tax his smoke,
Teach him taxing is no joke.
Tax his tractor, Tax his mule;
Tell him: "Taxing is the rule!"
Tax his oil, Tax his gas,
Tax his notes, Tax his cash.
Tax him good and let him know
That after taxes, he has no dough.
If he hollers, Tax him more;
Tax him till he's good and sore.
Tax his coffin, Tax his grave,
Tax the sod in which he's laid.
Put these words upon his tomb,
"Taxes drove him to his doom."
Even when he's gone, we won't relax --
We'll still collect inheritance tax.
The Taxpayer's Lament
Sit down my friends and just relax,
It's time to pay your income tax.
For whether we are great or small,
They tax us one, they tax us all.
They tax the hobo and the queen,
They tax the bull and tax his ring.
They tax the gas that runs your car
And even tax the big cigar.
They tax your whiskey and home brew,
They tax the Bible and your pew.
They tax the wristwatch on your arm
And tax the rat trap on your farm.
They tax the baby in his crib, and
Tax his shirt and tax his bib.
They tax the crib that he sleeps in,
And don't consider that a sin.
Then they go from bad to worse
And tax the doctor and tax the nurse.
They tax the dentist and his drill
And he just adds it to your bill.
Whenever you leave this world behind
They will be there to steal you blind.
Before you reach the Golden Gate
They'll slap a tax on your estate.
They tax the hearse on your last ride,
And shed some tears because you died.
The reason for their deep distress?
You left them with no address.
In New York the dead get welfare so I guess they should pay taxes too.
uuugghh!!
"What we're talking about are northern liberals who supposedly will leave their northern states for economic reasons, head to the southern states, and bring their liberals ideas with them...Those same liberals who have screwed up Connecticut and other blue states, can be counted on to try to socialized the south until it's a basket case."
We've had a word for this type of person in the South for decades. We call them 'carpetbaggers.'
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