To: Huck
My uncle's business ain't worth 7 mil.Maybe not. But $7M isn't a lot now (esp. for businesses that include property) and will be even less a few years from now. And that number includes the family investments and homes as well.
The *really* rich already live off foundations established years ago (like the Kennedys and Gates). This tax hurts the families who are just starting to become wealthy. And the interesting thing is that it hurts minorities most - they are most likely to be 1st generation wealthy.
To: speekinout; Sandy
But how do you explain the "get what you can" approach to the education bill (vouchers tossed overboard almost immediately), on the tax cuts (phased in reductions, sunsets on some reductions, smaller rate cuts than proposed), acquiescence on the pork Farm bill, acquiescence on the CFR bill, and yet, on the estate tax, a strange unwillingness to compromise and strike a deal. Doesn't that seem strange to you?
23 posted on
06/13/2002 5:46:26 AM PDT by
Huck
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