Estate Tax
The Democrats have so far managed to filibuster the Republican's attempt to lower the current estate tax to almost nothing. Estimates on the loss of money the treasurey will recieve ranges from 612 billion to 900 billion over 25 years. The Republicans are doing what they're good at- serving the interests of our nation's elite while eliminating the funds for services for the poor. The way the common person should look at this law is that it will take away money from our social services programs. The elite will not suffer from these services becuase they don't need them. What the republicans are saying while they are trying to pass this bill is, "Why should we pay these taxes? We're rich." I'm happy to see the Democrats killing this bill the only way they can and I'm happy to see the general support they have recieved.
posted by Just a blogger @ 8:01 PM
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