Arkansas Blog

Maybe Paris & Nicole could kick in a few bucks to cover Blanche's incidentals and I'm sure Sean Stewart, Rod's son, can be counted on for something; after he pays his fine for assault & battery.

Blanche's support for this issue is disgusting and makes me sorry that I voted for her in the last general. I'll leave her & lil' MarkyMarks line blank in November from now on.

Guess you aren't aware that real rich people (such as the Waltons) use trusts to avoid the death tax. They oppose it for ideological reasons, not because it affects them.

ARK. BLOG: You are not fully informed. They use trusts to maximize avoidance and to sometimes skip generations before a tax bill comes due, but the tax man gets plenty from them. When Waltons died while the state still had an estate tax, it produced such a windfall that a special commission had to be set up to handle the one-time proceeds. Right now, the senator is working on a law that will allow more favorable treatment of how stock donated to a charity can still be used by the donating family to control the company. This is of immense importance to the family, which can give stock to the foundation and thus avoid estate tax on the gift, but still control the company in a way most beneficial to them.

Anonymous, trusts are taxed and many times transfers to a trust are taxable. What the grantors have is the advantage of timing. Trust tax law is a universe into itself. I had one semester of it and realized it was the Karma Sutra of tax law and I had only scratched the surface.

ARK. BLOG: But the big deal is that, if there's no estate tax, there's no longer a need to park controlling interest of the company in the foundation. they can hang onto as much of it and the dividends as they choose.

It's so nice that Pantsuit Blanche is so concerned with the matters of the super wealthy at a time when dead kids are coming back to our shores in record numbers in flag draped coffins.

Is she aware there is a war on? Is she aware the Republicans have stolen our government? Is she aware of anything not connected with big bucks?

While her voting record is a little better than Mark Pryor's, where is her leadership in the Senate? Why hasn't she thrown a shoe at Bush's head as he stands there and lies and lies and kills and kills?

What good is a Wal-Mart Senator to us? I wish like hell I hadn't caught Blanche on C-Span wasting her time going on and on and on forever about a departing staffer. That video just sticks in my mind and every time her name is mentioned I think of smiling face prattling on while America burns.

Our choice in Senators should make the population of the other 49 states think Arkansas is a dim state used only as fertile ground for great corporations to spring from.

Watered and tended by our Senators and Representatives, while the general population pays hefty taxes out of their wages as Wal-Mart greeters.

It's good that Blanche's sister is making the documentary, otherwise portrayed the way she actually is, she'd be a good argument for why there shouldn't be women in the Senate. I'm sure Sis will do everything possible to show her in a "make believe" favorable light.

Maybe if everyone yelled BUSH and WAR at Blanche every time she shows up in public, she might remember why she's been given the honor of becoming an Arkansas Senator. You can do better Blanche Lincoln!

I don't know much about the estate tax, but I just don't think that Blanche Lincoln is as obsessed with the issue as Max Brantley is. The woman is a Unites States Senator from Arkansas. The largest employer and taxpayer in her state is Wal Mart so she is going to have some interaction with them. That doesn't mean that everytime there is some sort of interaction we need some story about how she is corrupt and sits all day trying to do the bidding of the Walton family. Was Mary Lambert supposed to go get money for distribution from the Red Cross? Is she supposed to give up her living because her sister is a Senator? Perhaps we could discuss the relationship between an editor married to a judge - any conflicts out there we could create or imply. Probably.

Lincoln supported estate tax repeal back when the only consituents she had who cared about the issue were farmers. How do reconcile that with her estate tax position being so wholy pro-Walton?

SnM, I'm the late Faye Boozman would have more dutiful to the needs of Walmart had he not make the faux pas
of saying it's impossible for a woman to be raped and get pg. By now it's likely Dr. Faye would have made it mandatory that Walmart be exempted from all taxes in all states.

But corporate interests find a path to the lesser desirables in our Senate. When the Family is pouring in hundreds of thousands into politcal campaigns they expect returns. Miss Blanche is no exception.

crap!
I'm [sure] the late...

blood pressure is going up and down like the barometer today.

Mary Lambert, who lived in Cherokee Village, should not have accepted a dime from WalMart. The relationship between Blanche and WalMart is just too close for comfort.
I used to think of myself as a friend of Blanche. I hosted fundraisers for her, I gave her money, and I voted for her. I have a whole photo album devoted to her, posing with me and my friends.
Times have changed. She has changed.
She cannot name one farm that's been lost due to estate taxes in Arkansas or elsewhere, but she uses that excuse to repeal the estate tax.
That's just bullshit.
And I am so tired of bullshit, mostly from this corrupt administration we currently live under, but I am tired of people like Lincoln and Pryor, too, who pretend to represent us, but who instead vote with the Bush plan.

"ARK. BLOG: You are not fully informed. They use trusts to maximize avoidance and to sometimes skip generations before a tax bill comes due, but the tax man gets plenty from them. When Waltons died while the state still had an estate tax, it produced such a windfall that a special commission had to be set up to handle the one-time proceeds. Right now, the senator is working on a law that will allow more favorable treatment of how stock donated to a charity can still be used by the donating family to control the company. This is of immense importance to the family, which can give stock to the foundation and thus avoid estate tax on the gift, but still control the company in a way most beneficial to them."

"ARK. BLOG: But the big deal is that, if there's no estate tax, there's no longer a need to park controlling interest of the company in the foundation. they can hang onto as much of it and the dividends as they choose."

I'm trying to figure out why liberals feel that the government deserves to take away someone else's money. How is that moral?

"I'm the late Faye Boozman would have more dutiful to the needs of Walmart ..."

I read this three times. I am sorry, WHAT does that sentence mean, Knoc Knock?