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Wyoming Rep. Lummis: Some Constituents Planning Death Before Estate Tax Rise

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Swede Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 08:10 PM
Original message
Wyoming Rep. Lummis: Some Constituents Planning Death Before Estate Tax Rise
Whoo boy :shrug:


Lummis declined to name any of the people who have made the comments about preferring death to a tax increase.

The estate tax, first enacted in 1916, temporarily disappeared for 2010 while political wrangling stalemated efforts to revise it. The tax's top rate in 2009 was 45 percent, but estates smaller than $3.5 million -- or $7 million in the case of married couples -- were exempt. That left less than 1 percent of all estates subject to the tax.

http://www.foxnews.com/politics/2010/10/31/wyoming-rep-lummis-constituents-planning-death-estate-tax-rise/
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thunder rising Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 08:13 PM
Response to Original message
1. I think all multi-millionaires believe the world could not go on without them
They are simply too important to die (at all .... ever)
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 08:14 PM
Response to Original message
2. Could they arrange to cash in before voting on Tuesday?
That would be the only proper thing to do under the circumstances.
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rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 08:14 PM
Response to Original message
3. Gotta cull the herd somehow, I guess.
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AnnieBW Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 08:36 PM
Response to Original message
4. Dick Cheney?
Isn't he a Wyoming resident?
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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 08:41 PM
Response to Original message
5. Am I supposed to care??? preemptive, posthumous greedy people seem like weak links to me.
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blogslut Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 08:44 PM
Response to Original message
6. Ha!
Translation:

Rich olds are worried their spawn will kill them in order to dodge teh evil tax man.
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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 08:53 PM
Response to Original message
7. How will they feel that the beneficiaries of their estate pays a tax?
Why the hell should they care? They can't use it anyway.

How many times have they avoided paying taxes when they were alive?
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RagAss Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 08:55 PM
Response to Original message
8. Promises, Promises.
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 08:55 PM
Response to Original message
9. Bubye you war criminal of a Dick
:evilgrin:
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