Estate tax debate a chance for Democrats to pounce

[Judi Lynn]

Estate tax debate a chance for Democrats to pounce
By Robert Kuttner | June 3, 2006

NEXT WEEK, the Republican leadership in the US Senate will attempt to ram through a permanent repeal of the estate tax. A companion bill has already passed the House.

Under the Bush administration, the estate tax has been cut to the point where less than one estate in a hundred pays any tax. The revenue loss is one big source of the mounting national debt.

The recent cuts in the estate tax expire in 2011. Republicans, who expect to lose seats in November, want to enact permanent repeal now, while they still have the votes.

If they can't find the votes for total repeal, they at least want to further cut the rate to something like 15 percent and raise the exemption to at least $3.5 million for an individual and $7 million for a couple.
(snip/...)

http://www.boston.com/news/globe/editorial_opinion/oped/articles/2006/06/03/estate_tax_debate_a_chance_for_democrats_to_pounce/

[primative1]

1. Be a great place for a Kerry amendment ..

.. to roll back the tax cuts corporations get to offshore our jobs.... Simple amendment, recorded vote. Give us something JK...

[JHH]

2. Exactly better move than taking the bait of "class war"

[1932]

7. Let the tax burden shift entirely onto working people

because you're afraid RW'ers will call you class warriors and we'll end up with an America where it will be impossible to protect working people on any front.

[The Magistrate]

11. The Last Word On Class War, Sir, Comes From The Investor Mr. Buffet

"Of course there is a class war, and my class is winning."

[1932]

3. 15% -- the magic rate on rich people's income.

[JHH]

4. But do not Most want to be rich?

Most Americans want to be rich so class warfare only plays into the hands of the "Right" wing better to tax corporations who move jobs off shore

[1932]

5. Huh?

What are you trying to say?

[JHH]

8. I am supporting the idea of making a point of proposing an amendment

to Tax corporations who move jobs off shore. As pointed out in reply #1 so we have all of the RePuks votes on recored to us in this years election

[bvar22]

6. Repealing the Estate Tax.....

...will RAISE TAXES on Working Americans!!!!!!
(Someone will have to pay the National Debt. Someone else, besides the very rich, will have to pick up the slack).


The Democratic Party is a BIG TENT, but there is NO ROOM for those
who advance the agenda of THE RICH (Corporate Owners) at the EXPENSE of LABOR and the POOR.

[JHH]

9. How Many Dems in Congress are RICH?

[Greyhound]

12. All of them

Oh, there may be the odd House Member that hasn't sold out yet, I'm not sure that Kucinich is rich, for example, but I suspect that only rich people can even run anymore.

[sadiesworld]

10. It appears that the usual dem suspects are ready to help them out.

These DLC hacks have got to go. :puke:

[eridani]

13. Make this a values issue

Point out at every chance possible that this law shits all over the value of hard work, making choosing the right parent much more important.