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Taxing the Dead to Generate Additional Revenue

By Armstrong Williams - 08/05/09 03:27 AM ET
If you thought this administration had reached the depths of desperation to find money to pay the astronomical costs of its proposed economic agenda, please think again. They are now circling the wagon, trying to scrape the barrel to find revenue from the death tax.

The push to increase the death tax strikes at the heart of enterprise in this country because it clumsily tries to snuff it out. According to the left, wealth is an inherent evil. Is an inheritance now, too? Has class envy by a select few forced Baron Barrack to declare heirs an enemy of the state? We think you died with too much. We want to spread that around. And since you're dead, it’s not theft.

The certainty of death and taxes articulated by Poor Richard at this nation’s birth was hardly a permission slip to tax at death. Especially in a starving economic environment, investing into businesses is critical. We have a policy here that is expected to actually create (not just save) jobs, in addition to stimulating over a trillion dollars of Made-in-America capital. Yet sadly, today’s economic debate has devolved into worthless banter over “Cash for Clunkers,” which take billions out of the government so participants can purchase Japanese Toyotas and German Volkswagens.


Visit www.armstrongwilliams.com .
Source:
http://thehill.com/blogs/pundits-blog/economy-a-budget/53637-taxing-the-dead-to-generate-additional-revenue
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