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Death, Republican Style - Newsweek

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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-29-09 03:21 PM
Original message
Death, Republican Style - Newsweek
Death, Republican Style
It's the GOP that's out to get Granny.

By Jacob Weisberg | NEWSWEEK
Published Aug 29, 2009
From the magazine issue dated Sep 7, 2009

<snip>

The republicans charge that Democratic health care reform would, in Sen. Charles Grassley's words, "pull the plug on Grandma." According to Sen. Jon Kyl, the bills before Congress would ration medical treatment by age. Rep. John Boehner says they promote euthanasia. Sarah Palin has raised the specter of "death panels." Such fears are understandable. It's not preposterous to imagine laws that would try to save money by encouraging the inconvenient elderly to make an early exit. After all, that's been the Republican policy for years.

It was Grassley himself who devised the "Throw Mama From the Train" provision of the GOP's 2001 tax cut. The estate-tax revision he championed will reduce the estate tax to zero next year. But when it expires at year's end, the tax will jump back up to its previous level of 55 percent. Grassley's exploding tax break has an entirely foreseeable, if unintended, consequence: it incentivizes ailing, elderly rich people to end their lives—paging Dr. Kevorkian—before midnight on Dec. 31, 2010. It also gives their children an incentive to sign DNR orders and switch off respirators in time for the deadline. This would be a great plot for a P. D. James novel if it weren't an actual piece of legislation.

This is not merely hypothetical. Serious economists take the possibility seriously. In a 2001 paper entitled "Dying to Save Taxes," economists from the University of Michigan and the University of British Columbia examined 13 changes in U.S. tax law since 1917 and concluded that benefactors die in greater numbers just before tax hikes and just after tax cuts. A 2006 study done in Australia, which abolished its inheritance tax in July 1979, reached the same conclusion. Statistics showed that more than half the people who would ordinarily have died in the last week of June 1979—and whose heirs would have been subject to the tax—managed to avoid it by surviving into July. Republicans in Congress have created a similar inducement for Grandma not to die before January 2010, but to make sure she is gone by January 2011.

Other GOP policies promote death for senior citizens with more modest incomes. Take George W. Bush's failed plan to privatize Social Security—a program that has driven life expectancy up and death rates down since it was instituted. It has an especially pronounced impact on suicide rates for the elderly, which have declined 56 percent since 1930. Had Bush prevailed, those who gambled on the stock market and lost would be less able to afford medicine, food, and heating for their homes. In aggregate, they'd likely die younger and commit suicide more often.

<snip>

More: http://www.newsweek.com/id/214267/output/print

I'm not sure where the dark humor ends and the facts take over here.

:wow:

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hedgehog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-29-09 03:28 PM
Response to Original message
1. I've often thought the estate tax was cut to ensure the Bush
money would pass down to the next generation.
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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-29-09 03:44 PM
Response to Reply #1
7. Let them have the money.
They're going to need it for lawyers.

Either way, it works for me.
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Xipe Totec Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-29-09 03:28 PM
Response to Original message
2. SWEET!
:rofl:
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MissMarple Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-29-09 03:29 PM
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3. Dark, indeed.
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Egalitariat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-29-09 03:30 PM
Response to Original message
4. I wonder how much Kennedy family wealth has passed to the US Treasury by way of the estate tax
over the years.
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sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-29-09 03:32 PM
Response to Original message
5. If Bush had won the SS battle
that money would have been invested and lost in a market that was near collapse at the time.

I don't know much about economics, but I often wonder if that was the goal, to get their hands on all that money to try to cover up the massive collapse of the economy that was about to be revealed if they didn't do something.

What's interesting is, reading the history of getting SS passed, the fight was pretty tough but it is now one of those issues that any politician who tries to reverse it, will probably be destroying his career.

Republicans thought during the Bush/9/11/terror era, he might be successful where no one else has been. But airc, that was one of his first political failures and his 50 state tour ended pretty abruptly. People like SS, even if it is a 'socialist' program.
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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-29-09 03:39 PM
Response to Reply #5
6. I Think There Goal Was To Put Us Back Into Serfdom...
And to continually remind us that we are "lucky" to have a job.

:shrug:
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