Friday, June 02, 2006

 

Welcome, Kevin Drum readers!

He's right on the money -- literally and figuratively both.

If you've come here to stay up-to-date on the estate tax and the atrocious Kyl bill that would effectively neuter it, then you're in the right place.

If you do one thing to help the fight today, please visit this CNBC page where rightwing hack Larry Kudlow is asking WHAT DO YOU THINK about the estate tax?

If enough of us get over there and click NO to the question of abolishing the estate tax (it's a small miracle he doesn't call it the "d--th tax") we can set him up for a real surprise.

Come again soon! This blog's mission is to be a resource for information about defending the estate tax, and we'd better be ready to go to the mattresses here. Are you listing, Senate Democrats?

Comments:
I made this comment on Kevin's blog, but I will repeat it here for your readers. My wifes family had an orange grove in southern California that provided a good living. The ranch had been in the family for over 100 years. Rapid growth in the area in the last thirty made the property very valuable, while the cash flow from the orange business provided a comfortable life it could not even come close to paying the tax when my father-in-law died several years ago. The ranch and packing house were sold, and fifty people lost their jobs.
 
I understand the predicament, I can see why you see it this way.

But for those 50 people who had to find new work elsewhere, the revenues brought in by these taxes helped many more. It's about a sense of proportion. Are the tradeoffs worth it? You might not feel like it, but for society overall, it is a different calculation.
 
Post a Comment



<< Home

This page is powered by Blogger. Isn't yours?