But, there is nothing accidental (see below) about it.
Small-business owners will feel an irresistable, for many, urge to perish BEFORE Obama resurrects the death tax on January 1, 2011!
Government is responsible for the results of its laws, is it not? Is everything government does an “accident?”
Not only will small business owners perish at a dramatically increased rate prior to 2011 – small businesses will perish at a dramatically increased following January, 2011. The primary mechanism of job generation in the most successful economy in world history will have been devastated. An accident?
Why do we have such a stupid plan? Why did government insist that all mortgages be affordable? Why did government insist that all offshore oil drilling be concentrated in deep water? Why does Obama vacation in Maine, instead of on the Gulf Coast? Why does the incurably feckless US Government murder illegal aliens in the Arizona desert by promising them citizenship; and failing tragically to provide a border as the US Constitution absolutely requires? Is this an accident, too?
Because government consists of unconscious germs, whatever they do is excused as an accident?
Congress, quite by accident, is incentivizing death. When the Senate allowed the estate tax to lapse at the end of last year, it encouraged wealthy people near death’s door to stay alive until Jan. 1 so they could spare their heirs a 45% tax hit. Now the situation has reversed: If Congress doesn’t change the law soon—and many experts think it won’t—the estate tax will come roaring back in 2011. …The math is ugly: On a $5 million estate, the tax consequence of dying a minute after midnight on Jan. 1, 2011 rather than two minutes earlier could be more than $2 million; on a $15 million estate, the difference could be about $8 million.
Story here: The Deadly Impact of the Death Tax
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