Last week, the House voted to repeal all inheritance taxes after 2010. Currently, estates worth $1.5 million for individuals and $3 million are taxed, affecting only a few thousand families. The repeal is going to cost the government up to $740 billion in the decade after 2010—a debt that the rest of the 295 million Americans minus a few thousand will have to carry.
Did I mention the article's title? Read the next quote and then guess.
And yet, as the Republicans rightly point out, polls show that most Americans—up to 80 percent—support the total repeal of the inheritance tax. It gets funnier: According to a poll last year by McLaughlin & Associates, 85 percent of those who earn under $40,000 found such a tax on "large estates" to be "unfair," whereas only 78 percent of wealthy people earning over $100 found the tax "unfair."
Imbeciles at Home is the title. Hearkens back to The 'S' Factor piece a year ago January.
And some folks are proud of our C student President:
"This is one of the most intellectually gifted presidents we've had." - Karl Rove, "Hardball," MSNBC, Jan. 19, 2005
the above is a useful link
He is proud of his mediocrity (video link).
Be countercultural. Think. For yourself.
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