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The Rich Get Richer (So what, pray tell, is wrong with that statement?)
Salt Lake Tribune ^ | June 6, 2006 | Editorial

Posted on 06/06/2006 8:00:27 AM PDT by wita

A society always gets more of whatever it subsidizes, whether it's corn, tobacco or the idle rich. And subsidizing spoiled heiresses at the expense of, well, everyone else is the goal of those members of Congress who are pushing to greatly reduce, or even repeal, the federal estate tax. Despite reams of data that show that the estate tax only touches the top 1 percent of U.S. taxpayers, and despite the fact that the Mom and Pop businesses and family farms of the sort that earn our sympathy simply are not affected by this tax, the repeal has already passed the House and was near approval in the Senate last year before Hurricane Katrina disrupted everything. If the government took the money and burned it, then one could argue that the tax on estates worth more than $2 million was just punitive class warfare. But because the money pays for things that benefit everyone, the government's 90-year history of taxing the transfer of large pots of money from one generation to the next is both reasonable and fair.


TOPICS: Constitution/Conservatism; Editorial; Government; News/Current Events
KEYWORDS: beggarthyneighbor; deathtax; estatetaxrepeal; taxes
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To: wita
The hypocrisy of the left regarding the estate tax is truly breathtaking. It's mostly small businesses and farmers that are hurt by it: the really super rich (hint: the 2 US Senators from Massachusetts fall into this category) usually find a way to avoid the tax. Their assets are buried in 'foundations', or are squirreled away in Switzerland, the Cayman Islands, or some other offshore tax haven.

So it's basically the middle class that gets squeezed once again: the so-called 'bourgeousie' that the left despises, while the 'vanguard' class remains unaffected. If that isn't enough proof that today's 'Rats are Stalinists, then I don't know what is.

21 posted on 06/06/2006 8:27:27 AM PDT by bassmaner (Hey commies: I am a white male, and I am guilty of NOTHING! Sell your 'white guilt' elsewhere.)
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To: wita

The rich get richer, it's true. But that is nothing compared to the fact that the libnuts get more and petulant with their journalistic spew.


22 posted on 06/06/2006 8:29:08 AM PDT by Reactionary (The Barking of the Native Moonbat is the Sound of Moral Nitwittery)
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To: Tulane
Ahh class warfare. Ain't it grand?

Yes, it is; if only because it works so well. There is a seemingly limitless attraction of many to those who preach freedom while creating dependency.

23 posted on 06/06/2006 8:30:31 AM PDT by andy58-in-nh
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To: wita

Only a demented mind could consider not stealing from someone to be a subsidy.


24 posted on 06/06/2006 8:31:49 AM PDT by Protagoras ("A real decision is measured by the fact that you have taken a new action"... Tony Robbins)
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To: wita
They have already taken a bounteous share of what the rich make in comparison to the poor, but to have to give it back is foreign to the nature.

Give it back? They are going to write the people a check?

25 posted on 06/06/2006 8:33:35 AM PDT by Protagoras ("A real decision is measured by the fact that you have taken a new action"... Tony Robbins)
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To: wita

If the rich are getting richer, that's fine with me! It makes increased investment more likely and paves the way for job growth. I hope the looney leftists pardon me for my failure to be alarmed and offended! LOL :)


26 posted on 06/06/2006 8:33:37 AM PDT by blitzgig
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To: Protagoras

Their whole argument is this:

"It's not fair your parents earned a lot of dough and mine didn't. Therefore, I want you to take the money from you."


27 posted on 06/06/2006 8:33:38 AM PDT by Tulane
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To: Tulane

I know what their argument is, I'm just pointing out the nonsensical use of the word subsidy.


28 posted on 06/06/2006 8:35:32 AM PDT by Protagoras ("A real decision is measured by the fact that you have taken a new action"... Tony Robbins)
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To: andy58-in-nh

Nailed. Unfortunately it isn't on the door of the cathedral, and no one is listening or reading, since the poor who are life's suckers, outnumber those who break their backs contributing.


29 posted on 06/06/2006 8:40:38 AM PDT by wita (truthspeaks@freerepublic.com)
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To: somniferum
You know the leftists are winning the war of words when they can with a straight face call not stealing your wealth a 'subsidy'.

This bears repeating, repeatedly!

Allowing people to keep their own money IS NOT A SUBSIDY!!!

30 posted on 06/06/2006 8:46:07 AM PDT by Disambiguator
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To: Protagoras

Well, you know what I mean, give it back in relation to repeal of the estate tax, which I am guessing will be bad mouthed so much it won't make the repeal. No, give it back was a liberal slip of the tongue, and words have meaning. Good catch. Something I tend to do in relation to our once Representative Republic, that has in the words of liberals, become a democracy.


31 posted on 06/06/2006 8:47:10 AM PDT by wita (truthspeaks@freerepublic.com)
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To: wita

Only a liberal could possibly consider 'DYING'--a TAXABLE EVENT!


32 posted on 06/06/2006 8:48:51 AM PDT by stockstrader
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To: Tulane

When we were teenagers, fair meant everything, but then some of had a distorted or selfish view of fair. It appears that teenage view has slid into adulthood.


33 posted on 06/06/2006 8:49:21 AM PDT by wita (truthspeaks@freerepublic.com)
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To: wita
But because the money pays for things that benefit everyone, the government's 90-year history of taxing the transfer of large pots of money from one generation to the next is both reasonable and fair.

Translation: "But because the money pays for things that benefit everyone, the government's 90-year history of taxing - FILL IN THE BLANK - is both reasonable and fair."

34 posted on 06/06/2006 8:51:44 AM PDT by Mr. Jeeves ("When the government is invasive, the people are wanting." -- Tao Te Ching)
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To: Mr. Jeeves

What's next, THE INTERNET? Sorry, I had to say it.


35 posted on 06/06/2006 8:58:24 AM PDT by wita (truthspeaks@freerepublic.com)
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To: wita
The Rich Get Richer (So what, pray tell, is wrong with that statement?)

That's how feudalism gets started.

36 posted on 06/06/2006 9:17:12 AM PDT by Age of Reason
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To: wita

In an ideal world, kids would be kicked out of the house at 21 and left to fend for themselves without a cent from their parents.

Best thing for the brats. Better than unearned millions.

But only if it is true for everyone's children. All should start from zero and work their way up--or down.


37 posted on 06/06/2006 9:20:26 AM PDT by Age of Reason
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To: wita

There's also a record number of rich folks. This is a problem, why?!?


38 posted on 06/06/2006 9:21:59 AM PDT by mewzilla (Property must be secured or liberty cannot exist. John Adams)
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To: Utah Girl

I'm surprised this appeared in the SLTrib.


39 posted on 06/06/2006 11:37:37 AM PDT by Choose Ye This Day (...[FILL IN ALARMIST AND ARMAGEDDONIST FACTOID HERE]...)
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To: Utah Girl

Oops. Reading comprehension problems. No, this is EXACTLY what I'd expect to see in the SLTrib. Wealth redistribution is one of their favorite hobbies.


40 posted on 06/06/2006 11:41:16 AM PDT by Choose Ye This Day (...[FILL IN ALARMIST AND ARMAGEDDONIST FACTOID HERE]...)
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