Friday, December 10, 2010

WORST IDEA 12/10/10: House Democrats block tax deal

Apparently Nancy Pelosi and her band of merry men are uncomfortable that the tax deal will only confiscate 35% of any estatee ms over $5 million. Of course, the money in these estates was already taxed and the estate tax amounts to little more than socialist confiscation. If I make millions (I don't) why should the government, which has already taken nearly half of what I make get to take another chunck when I die? A 35% estate tax is legalized theft and Pelosi will actually risk unemployed people losing their benefits to try to make it higher?

House likely to pass reworked tax deal: aide | Reuters

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