Political blackmail
You gotta hand it to the Repubs. There is no bottom to their deviousness and cynicism. Now, finally, after years of resistance, they say they'll approve a minimum wage increase. But only if it comes coupled with estate tax breaks for billionaires. So far they haven't figured out a way to work gay wetback flag burners into this calculus, but give them time.
UPDATE: Here's the NY Times story. Raising the limit on estates? Fine. Giving those with more than $25 million estates a 33 percent tax cut in return for giving working poor people a raise up to an hourly wage not enough to sustain life? Typical Republican B.S. This is literally a multi-billion dollar gift to the Waltons, who've been paying to wage this battle. Are we really going to throw scraps to poor people to feed the silver-spoon Walton heirs. How about we increase the minimum wage commensurate with their gains in the estate tax?
UPDATE II: Only Rep. Vic Snyder among Arkansans voted against this sleazy ployh. Reps. Ross and Berry were among the 34 Democrats who joined hands with Republicans to use poor people as a fig leaf to grease the wealthy.







Comments
DEATH TO THE DEATH TAX...DEATH TO THE DEATH TAX....YES...FINALLY THE THEIVES WILL NOW HAVE TO LOOK ELSEWHERE !!
Posted by: Anonymous | July 28, 2006 04:41 PM
Maybe we can make a deal to drop the Estate Tax if they promise to never ever ever ever mention abortion again. It would be worth all the lost taxes to be rid of the rightwing's favorite bugaboo for the rest of time. God...it really gets old.
Maybe we can offer them another tax deal, since taxes are the only things Republicans really worry about. Give them 2% off their tax bill if they'll wake up Bush and Blair and make them start calling for a cease fire in Lebanon. Think of the lives we'd save! Think how it would make America appear to give a damn again.
If we are ever going to get anything out of the Republicans, we're going to have to learn to pay them like the hookers they are.
Posted by: Deathbyinches | July 28, 2006 04:55 PM
The wage hike proponents should not give in to this sort of thing. Let the blackmailers be held accountable this November. If the working class doesn't get up off their asses to kick some Republican ass this fall, then it's on them.
Posted by: Let The Chips Fall Where They Will | July 28, 2006 04:56 PM
Congress has given itself $31,500 a year in increased pay since the last minimum wage increase to $5.15/ hr ($10,300 a year). What a gracious group of false "Christians"!
And, of course, the truly rich who have never worked for the money they will inherit and for which 96% have never paid taxes should never be forced to pay for the corruption of this Republican government. What a fraud! See what 20 superrich families with all the money in the world will do to keep from paying any taxes on their inherited wealth. Why don't they move to that house in the Cayman Islands where their 12.500 companies use as a tax shelter.
Use the people, rape the country, but let someone else pay for the damage they do. At least Warren Buffett and Bill Gates see through the fraud of the Waltons, Hussmans, Tysons, and others. Too bad others were born with that birth deformity-lack of a moral conscience.
Posted by: Fed Up to Here | July 28, 2006 04:56 PM
DBI,
I will trade you the death penalty for abortion.
Deal?
Posted by: Anonymous | July 28, 2006 05:03 PM
Funny how people get so worked up about an inheritance tax that will never ever affect them. $600,000 is the minimum estate worth to begin with. Not to mention all the loopholes that can be used to almost completely avoid the brunt of this tax. If your parents were smart enough to build a $600,000 or more estate, I assure you that they were smart enough to use a good accountant to cheat the Fed out of their fair share. So quit crying and start spending daddy's money like a coke whore so I can buy your property at auction, bitch....
Posted by: Anonymous | July 28, 2006 05:29 PM
Last post belongs to me!
Posted by: Robbie Bullock | July 28, 2006 05:30 PM
ig·no·rance--
1.)The condition of being uneducated, unaware, or uninformed.
2.)DEATH TO THE DEATH TAX
3.)FINALLY THE THEIVES (sic)WILL NOW HAVE TO LOOK ELSEWHERE
Posted by: GetShorty | July 28, 2006 05:46 PM
DBI...You are a vulture..a thief to say things like that. If you weren't so lazy and had worked hard for your family to have something when you pass on then you wouldn't feel that way...Typical thinking for people of your class. Class envy is your life.
Posted by: Anonymous | July 28, 2006 05:53 PM
Get Shorty...Good to see one of the bloggers gets to you on the DEATH TAX thing...You must be eaten up with class envy too. Get a job and pay some of the bills for this country that we overacheivers have to pay daily for you lazy f---s.
Posted by: Anonymous | July 28, 2006 06:00 PM
Inheriting money is the same as welfare. Someone gets money they didn't earn.
I want a level playing field, so I say 100% estate tax.
Posted by: Anonymous Troll 32 | July 28, 2006 06:14 PM
As it stands, the estate tax exempts the first $ 2 million of an estate and taxes net assets above that threshold at a rate of 45 percent.
Of the 27, 918 Arkansans who died in 2003, the IRS counted 168 with fortunes large enough to tax
http://www.nwanews.com/adg/News/160563/
That's less than ONE PERCENT of Arkies whose estates were large enough to draw a tax in '03.
This deal is like- Trade you my french fries for your double burger.
What a rip.
Throw em all out.
Posted by: LWood | July 28, 2006 06:34 PM
Sorry, I was going off old numbers. I had no idea it had gone up to 2 million. Jesus tapdancing Christ, screw these people.
Posted by: Robbie Bullock | July 28, 2006 06:39 PM
And for all of you that think that getting rid of the Estate Tax is a good deal, first note that they haven't done anything to balance out the tax loss that will occur to the budget that is in place so don't worry, it justs adds to the deficiet that those who really work and pay taxes will have to pay for in the future when the bills come.
You can't live in your home on your credit card forever without paying the bills and even if hth government can get by with budgeting that way, sooner or later the bill will be due with interest. Growth won't fix this. I expect that you will see a return of an estate tax with even lower deductibles and a much higher (like 75%) tax rate. It could be worse. In some countries, after you reach the very highest incomes, the tax rate exceeds 100% to get some of that lower income at a higher rate.
Yes, and I do pay taxes and I do have savings, and my estate , while not up in the $2 rane, is still protected by trusts that anyone with a large income should have been doing all along. If they are too dumb to protect themselves and their families then they should pay the maximum tax.
Posted by: Fed Up to Here | July 28, 2006 06:54 PM
The world is burning down around us and Anonymous wants a tax cut, go fiddle.
Posted by: GetNeroClaudiusCaesar | July 28, 2006 06:55 PM
Wouldn't it be lovely if the Republican Congress REALLY cared enough to raise the minimun wage? Since they haven't given a rats ass since they took control in 1996.
But, I fear that this is just political cover. No way in Gods name is this gonna get passed - by the majority - there are plenty of Reds who won't hold their nose. This is about August baby.
All Congress critters are going home in August to do their due diligence and grab some voters paws and pat some voters backs. If - and it will - fail - those Red Congressman can boldly and proudly say - hey I care about America - I voted for the mininum wage increase!
It's political and about covering your Red ass - to folks who can't comprehend that it's taken 10 years to get a raise for the working poor - when Congress has voted themselves raises every year. So Rove. Always about protecting and framing their sorry Red asses.
Posted by: BlueTicker | July 28, 2006 06:56 PM
"Get Shorty...Good to see one of the bloggers gets to you on the DEATH TAX thing...You must be eaten up with class envy too. Get a job and pay some of the bills for this country that we overacheivers have to pay daily for you lazy f---s."
You right-wing idiot. With no estate tax, the lazy kids of the overachievers will have money they didn't earn.
Posted by: Anonymous | July 28, 2006 07:12 PM
The repubs morals & tactics are are lower than lower that a snakes vest button.
Posted by: Coyote | July 28, 2006 07:37 PM
The repubs morals & tactics are lower that a snakes vest button.
Posted by: Coyote | July 28, 2006 07:40 PM
Dudes:
Less taxes and and higher minimum wage mean more coke and whore money for everyone!
It's just a question of quality after that.
Posted by: Anonymous | July 28, 2006 07:52 PM
I hate to break the new to you - and you should know this, but America is a Democracy - not a Monarchy.
In a Monarchy, wealth and power are passed on to the generations of the lucky spem club, regardless of sanity and qualifications without question.
If you know anything about History, you'd know that America was fervently established because of the tyranny of a Monarch (King George - Oh the irony!)
My ancestors who spilled their blood for America and its democratic principles are turning in their graves as the Red Army marches to create a select few American Monarchy's.
Posted by: BlueTicker | July 28, 2006 07:58 PM
"In a Monarchy, wealth and power are passed on to the generations of the lucky spem club, regardless of sanity and qualifications without question."
Or certain Democratic presidential nominees get it by marrying the widow of a rish guy.
Posted by: Anonymous | July 28, 2006 08:13 PM
rich guy -
Don't change the subject - answer the question, are you advocating American Monarchy's? Cause that's what the repeal of the democratic estate tax will create.
Posted by: Anonymous | July 28, 2006 08:22 PM
Try this one on for size: this is what your kids are looking at making -
I decided to inquire about a part time retail position in a mall type environment. I was thinking I would pick up some extra money to cover the obscene cost of driving these days.
Thinking would be the operative word, as the job paid only $6.00 an hour. That's right, $6.00 an hour. Gas being $3.00 a gallon (round up), so I would have to work 2 hours for 2 gallons of gas.
15 years ago I had a newbord baby and a job that paid $6.15. I struggled to get a .25 raise to help pay daycare costs. Daycare was the big expense then, as now, my gas then cost .68 a gallon. Geez, we've made such real freaking progress, eh?
15 years have passed and I find myself caught in a time warp in which $6.00 is all I can get on this part time job. ? What is wrong with this picture?
Bread is 2.50. gas is $3.00, dr. visit reached 67.00 last time I went. The costs just keep skyrocketing and all they want to do is give millionaires a bigger tax break?
When does this unfair trade practice end? For me, it begins with the campaign to raise the minimum wage to a liveable one. I've fought behind the scenes for a minimum wage increase for years. Now you can count on my being out in the open doing so.
Posted by: another po'd voter | July 28, 2006 08:47 PM
To another po'd voter
"Thinking would be the operative word, as the job paid only $6.00 an hour. That's right, $6.00 an hour. Gas being $3.00 a gallon (round up), so I would have to work 2 hours for 2 gallons of gas."
Hmmmm, idiot public school and state university grad that I am who avoided any and all math courses, $6/hr should equal 2 gallons of gas/hr (less and plus taxes, of course). Then all the welfare benefits kick in along with food stamps and rental assistance and hell, your realized income is more than mine and you pay less in taxes.
I went back to school, while working full time, to support my children and stay off the public dole. I pay my way. Your whining ticks me off - a lot.
Posted by: Anonymous | July 28, 2006 09:44 PM
Ahhh...warms my blood to see the anonytron$ mulling about...
The "Class "Envy" preachers will attach the minimum wage increase to a bill that Dems can't swallow...then blame 'em for lack of passage.
Remember, 50% of 'mericans think Sad-damn had WMD...and that's up from 36%.
Prey on the prayerful..."right?"
DBI brings up a great question...
What are you willing to trade?!
Posted by: rosso | July 28, 2006 10:05 PM
Anonymous | July 28, 2006 09:44 PM
"Thinking would be the operative word, as the job paid only $6.00 an hour. That's right, $6.00 an hour. Gas being $3.00 a gallon (round up), so I would have to work 2 hours for 2 gallons of gas."
Listen you dough boy "twinK". Read what the man said - I mean READ - We know it might be a challenge - but Christ - before you fire off a disjointed rant - afford us the courtesy that you at least understood what the man said.
Posted by: Anonymous | July 28, 2006 10:18 PM
"This is literally a multi-billion dollar gift to the Waltons"
You are just totally wrong on this Brantley. The Waltons set up a family limited partnership decades ago and transfered much of Wal-Mart to the heirs before Sam died. Helen got an unlimited step-up in basis (which means all of Sams capital gains went untaxed) and anything she has that would be subject to the estate tax is going to the Walton Family Foundation upon her death.
In other words - the Waltons aren't going to pay any estate taxes.
I really wish - for your own sake - you would stop wearing your ignorance around on this for everyone to see.
ARK. BLOGI am reasonably confident the Walton children have a few dollars in assets beyond the Wal-Mart shares controlled by Helen that are slated to go to the foundation and, indeed, will not be subject to the estate tax.
Posted by: Anonymous | July 28, 2006 10:25 PM
To Anon: 10:18
I read it and I LIVED it! Single mom, 2 kids, no college, minimum wage and one hell of a lot of desire to set an example for my kids. I know about daycare expense and I know about the cost of living, I know about buying groceries and praying my paycheck would clear before the grocery check. I know about living where I could afford to pay the rent. I know about learning to budget so that a weekly check would cover rent for a month. And, most importantly, I know that I did not take one penny of YOUR tax dollars or expect anyone else to contribute to my "lifestyle". I was in the grocery line many a time with 1, ONE, chicken (on sale) to last the entire week and the person in front of me paid for steaks with food stamps. So, you start off at minimum wage, it is up to the individual to get beyond that false ceiling. Since when is a work ethic a bad thing in the USA?
Posted by: Anon 9:44 | July 28, 2006 10:46 PM
To the person who wanted to trade abolishing the death penalty for dropping the abortion fight....BRING IT ON!
I'm not so blood thirsty that I can't be happy with life in prison without parole for killers. I can live with that. Let every individual deal with the abortion issue personally, in private and do what their conscience tells them to do.
Since we horse trading here, I'll give you the flag burning amendment if you'll give me a balanced budget. Anyone in?
And I'll let the big 10 Commandments rock back in the court house if you'll bring our troops in Iraq home by Thanksgiving. Deal?
I've also got 107 episodes of Leave it to Beaver on 16mm film, perfect condition. Do I hear any offers?
Posted by: Deathbyinches | July 28, 2006 11:01 PM
Anon, 9:44, enlighten us please. You paid your month's rent on your weekly paycheck of what, around $160.00 after taxes? Where did you live?
And stood in a grocery line and purchased one chicken on sale (usually 49 cents to a dollar at Kroger) and that was your meat for an entire weeks for you and two children?
How much did you get for child support from the kid's dad?
Details, please.
Posted by: dj | July 28, 2006 11:05 PM
DBI, Trust me, you won't get any takers. LOL.
Here's why:
The blind followers of Bush and the ones who keep showing up on this blog are beyond help. They are worse than the man they worship. God knows, he's bad, but they are worse, because they won't accept the truth when they are bombarded with it daily.
Bush is a dolt, a crafty one who disguises his evil ways by appearing to be stupid. His blind followers are not as crafty - they just allow themselves to be led like sheep to the slaughter.
Bush is a grade A moron who refuses to read, learn, examine important issues, or listen to advice. His own wife labels him a lightweight when it comes to his cognative thinking processes. What's worse, though is that he has led this great nation down a path from which we may never recover.
The POTUS chooses to be a fool, and his defenders fall right in line.
Posted by: Paula | July 28, 2006 11:28 PM
...did you get for child support from the kid's dad?
Details, please. Posted by: dj
dj--how appropriate, must stand for dumbass jerk!
Posted by: anotherrightwinger | July 28, 2006 11:50 PM
Shoot, man...I'd trade just about anything for the troops to come home from Iraq. Yeah, just about anything...
Can you believe that "Mona Lisa" Rice's mentor was...ahem...Madeliene Albright's pop? How...what...er...
Golly, Wally...what have we done?!
Posted by: rosso | July 29, 2006 12:02 AM
Do you have a problem with paying child support, rightwinger?
Posted by: dj | July 29, 2006 12:03 AM
Let me tell you about "Dads" and support.
As a personnel clerk in a small company, we got our fair share of dead beat Dad's.
They work for 3 to 6 months, eveything is hucky dory. When the "kids" (state) catch up with them ( that being the state that is feed "his" family. And we are required to pull out his child support payments...well - he's gone.
Imagine that, work for 3-6 months and when the goverment catches up, you bail, because you don't want to take care of your children. Praise the Lord and pass the peas.
Posted by: Anonymous | July 29, 2006 12:03 AM
No prob dj. I had to BUDGET to be able to pay for a month's rent at an apartment complex on Baseline. The rent was $425 per month. I paid two utilities - gas and electric. I worked two minimum wage jobs, sometimes three. There was no child support. Haven't seen the ex since the court decreed the divorce. As he was willing to trade visitation for child support, I took that deal in a flash. I have the recipes for feeding a family of 3 for a week on one chicken if you are ever in need of them. Sometimes I bought hamburger. Chicken was cheaper and not on sale each week. I shopped at the Kroger on Baseline and from the street vendors for veggies because you got more for your money in the summer. Leftover veggies went in the freezer in little bits and pieces for veggie soup. Oatmeal, grits, peanut butter and spaghetti are still right cheap and quite filling. Anything else ya want to know?
Posted by: Anon 9:44 | July 29, 2006 12:25 AM
Y'all still don't get it. The Repug, Conservatives and Neocons are just trying to re-establish the "divine right" theory.
Posted by: DocHolliday | July 29, 2006 12:41 AM
Yes, I do want to know more. If you worked 80 hours a week at minimum wage, you still would have earned about $380.00 after taxes. When did you see your kids or have time to cook that chicken? You should have insisted on child support; your kids needed it.
Posted by: dj | July 29, 2006 12:42 AM
make that $320.00, typo.
Posted by: dj | July 29, 2006 12:49 AM
the paris hilton tax was put in place because the rich were filthy rich while the commoners were left with thier scraps, sound familiar
Posted by: cazarat | July 29, 2006 09:00 AM
In other words - the Waltons aren't going to pay any estate taxes.
I really wish - for your own sake - you would stop wearing your ignorance around on this for everyone to see.
Anonymous 10:25 PM
I imagine the uppers toss you enough crumbs to make you a good apologist, at least I hope there's something in it for you other than feeling associated with the Have Mores while you're really a HaveLess.
Yes, Max and anyone else here who bothers to stay abreast of the estate tax debate know the Waltons have a big dog in this fight. The DoG article I quoted above stated they do indeed pay money to lobby against the Estate Tax. True, as you stated, the immediate heirs (widow and children) of Mr Sam will pay little or no inheritance taxes but their offspring will be liable for estate taxes.
The immediate heirs must pass along their shares in the family partnership to their offspring someday and that transfer will be taxable unless the Repugs can
be persuaded to do away with inheritance taxes before Demo's take back the House this fall. So is no surprise this little trade-off, of bones for gold.
As a former accountant I recall a wee little bit regarding estate taxes,
that one gets a credit (deduction) for previous taxes paid on an estate. Therefore the TWO MILLION
dollars the DoG article mentioned--means that the TAXABLE estate must be two $million. The actual estate could be more but the taxable estate is often lowered considerably with special deductions.
Keep eating your crumbs.
Posted by: LWood | July 29, 2006 11:24 AM
Marion Berry & Mike Ross are as worthless as tits on a bull.
Posted by: disgusted dem | July 29, 2006 05:01 PM
Here's the plan: We cut taxes down to nothing and then we can take all that extra money we'll have laying around and use it to buy lots of guns. We then use the guns to defend ourselves when America's creditors decide they want to be paid back so they can invest in Euros.
My poor kids and their kids are going to pay for all these tax cuts that don't do a damn bit of good. At least pork barrel projects end up giving us something at the end we can use (like an airport in Highfill). I'd rather see us burn our money trying to make higher ed affordable personally.
Posted by: wacky idea guy | July 30, 2006 10:32 AM