That’s what Six Meat Buffet refers to when talking about President Obama’s Job Summit.
December 3rd, 2009 at 6:13 pm by Brian
Not content to wait for the current President’s “job summit” for ideas as to how to get Americans back to work, the House of Representatives lead by example and will start working the Night Shift:
The House voted Thursday to permanently extend a 45 percent inheritance tax on estates larger than $3.5 million, canceling a one-year repeal of the tax set to begin next month.
The bill passed by a 225-200 vote, with all Republicans opposed. Majority Democrats argued that a permanent tax rate makes it easier for families and small business owners to do estate planning, noting that fewer than 1 percent of all estates are subject to the tax.
“In America, it’s not a sin to be rich nor is it a crime to die rich,” said Rep. Jared Polis, D-Colo. “This bill gives our nation’s wealthiest families the ability to know exactly what their obligation to the nation that fostered their wealth will be, and it is fair and it is just.“
45% is “fair and just” because you did nothing more than die.
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