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To: FoxInSocks
The estate tax will be seeing about a third of all private wealth go by it, that should be enough to tax for the bill left behind by them.

The government used it for wars, farms, roads, SS and so on. I agree they are the pits in spending, but this is our bill.

I would want future spending limits while they pay the debt off.

I don't want to see our grand kids and great grand kids cursing us for massive debt FoxInSocks, that is my inspiration in wanting the debt paid.

I think some kind of spending restriction laws need to be in place so they don't take it in and spend it out.
39 posted on 06/09/2006 8:48:36 PM PDT by A CA Guy (God Bless America, God bless and keep safe our fighting men and women.)
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To: A CA Guy
We have quite a bit of common ground. :)

The issue I have is simply the fundamental inequity of such a tax and the way it is imposed.

I don't think a legacy of insurmountable debt is a good thing either, but I'm not convinced that a tax which singles out wealthy citizens is the best way to go about reducing that debt. That minority of the wealthy already contributed the majority of the government's tax revenue throughout their lives.

Perhaps I don't feel as strongly about the debt issue as you do; I don't have any children -- at least not yet.

46 posted on 06/09/2006 9:06:21 PM PDT by FoxInSocks
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To: A CA Guy
"I don't want to see our grand kids and great grand kids cursing us for massive debt FoxInSocks, that is my "

If your kids and grandkids are going to curse you for not giving all your money to the Government, you raised a bunch of liberals.

But to keep in their liberal graces, by all means give it to the Government to invest in queer studies or some such silly thing.
50 posted on 06/09/2006 9:16:02 PM PDT by Beagle8U (Juan Williams....The DNC's "Crash test Dummy" for talking points.)
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