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Liberal Billionaires to Call for More Death Taxes

HarryReidAllAmerican Wrote: Dec 10, 2012 4:37 PM
Gates et al are right. Inheritance and estate taxes are a handy revenue stream for the government.
scrow Wrote: Dec 10, 2012 5:55 PM
The one truism of government is that the handier the revenue stream, the handier they will spend it. It doesn't matter what. If it's a Democrat administration, they can blame it on Republicans.
Simplecaveman Wrote: Dec 10, 2012 4:39 PM
So they can go and totally waste it on bigger government.
McGovern Wrote: Dec 10, 2012 4:41 PM
HarryReidAllAmerican is a fake poster, here to get Townhall's response total up.

Fake poster and Fake posts.

Tomorrow in New York City, prominent liberal billionaires Bill Gates, former Treasury Secretary and co-chairman of Goldman Sachs Robert Rubin, Abigail Disney, Richard Rockerfeller and Vanguard Founder John Bogle will call for a hike in the federal death tax in order to "avert the fiscal cliff austerity bomb." In 2009, President Obama brought back the death tax after President Bush attempted to abolish it.

President Obama's budget keeps the estate tax at its 2009 level, which means the government gets 45 percent of a dead person's estate valued over $3.5 million dollars or $7 million for a...