Patting the wrists, rolling the eyes.

[chad87655]

Originally posted by Tyrone Slothrop

Today, the House is expected to vote to permanently repeal the estate tax, moving the Mars candy, Gallo wine and Campbell soup fortunes one step closer to a goal that once seemed quixotic at best: ending all taxation on inheritances.[/list]

Step one is completed Rep. Christopher Cox, R-Calif., said those pushing to retain a tax "still want to pry lots of cash out of the cold, dead fingers of America's deceased entrepreneurs."

Take that you socialist ratfucks!

On to the Senate! God bless!

[Sidd Finch]

Delay calls for hearings to review court decisions in Schiavo case.


http://story.news.yahoo.com/news?tmp...gress_delay_dc


Apparently the budget has been balanced and Social Security has been saved, because Congress has nothing better to do.

[Replaced_Texan]

Originally posted by Sidd Finch
Delay calls for hearings to review court decisions in Schiavo case.


http://story.news.yahoo.com/news?tmp...gress_delay_dc


Apparently the budget has been balanced and Social Security has been saved, because Congress has nothing better to do.

Have I mentioned in the last week or so how much I hate motherfucking asshole Tom DeLay?

There's a bipartisan protest at the Hilton Americas on Saturday. The organizers going out of their way to say that they're not protesting the NRA (to whom DeLay will be speaking that night) or the GOP in general (with whom DeLay has an affiliation). It's just DeLay. I'll try to take photos of the signs. I imagine they'll be creative.

[Spanky]

Originally posted by Sidd Finch
If I type "Fire sale" slowly, will you get it?

A sale driven by the need to pay taxes causes fire sale.

The estate tax is based on FMV -- meaning, what a willing buyer would pay a willing seller, with neither being under any compulsion to buy or sell.

So, if the value of a home for purposes of calculating the amount in the estate is determined according to FMV, but then the home is sold very quickly because the heirs need the cash to pay taxes, an even more substantial portion of the value of the home goes to pay taxes than what the tax code would appear to dictate.

If you think that the reason driving the sale is irrelevant, then talk to a lawyer who has had to handle the sale of a business in order to pay estate taxes. I had a big case that dealt with this very issue and speaking with these people was quite interesting, and educational (of course, I had to set aside my gut feelings about what 99% of the population does and actually listen, so it might not work for you).

but if you taxed inheritances 100% then you would just give the house to the government and the government could sell it at their leasure.

[Gattigap]

Originally posted by Sidd Finch
Delay calls for hearings to review court decisions in Schiavo case.


http://story.news.yahoo.com/news?tmp...gress_delay_dc


Apparently the budget has been balanced and Social Security has been saved, because Congress has nothing better to do.

I eagerly await the reasoned legal analysis to pour from these hearings.

[Spanky]

Originally posted by Tyrone Slothrop
Boring:

• In 1992, when heirs to the Mars Inc. fortune joined a few other wealthy families to hire the law firm Patton Boggs LLP to lobby for estate tax repeal, the joke on K Street was that few Washington sightseers had paid so much for a fruitless tour of the Capitol.
  
  Today, the House is expected to vote to permanently repeal the estate tax, moving the Mars candy, Gallo wine and Campbell soup fortunes one step closer to a goal that once seemed quixotic at best: ending all taxation on inheritances.

WaPo

Ok - that is not boring. But the minutae of the tax code is.

[Spanky]

Originally posted by Replaced_Texan
Have I mentioned in the last week or so how much I hate motherfucking asshole Tom DeLay?

There's a bipartisan protest at the Hilton Americas on Saturday. The organizers going out of their way to say that they're not protesting the NRA (to whom DeLay will be speaking that night) or the GOP in general (with whom DeLay has an affiliation). It's just DeLay. I'll try to take photos of the signs. I imagine they'll be creative.

I spent all day Monday, and most of the day today in meetings about getting rid of DeLay (that is the reason for my late posts). He has made a lot of powerful enemies. There is a group now that is interviewing candidates to run against him in the primary. I just wonder when the Democrats are going to smarten up, and do everything in their power to keep him in Congress.

[chad87655]

Originally posted by Sidd Finch
Delay calls for hearings to review court decisions in Schiavo case.


http://story.news.yahoo.com/news?tmp...gress_delay_dc


Apparently the budget has been balanced and Social Security has been saved, because Congress has nothing better to do.

Bravo for Delay! The defeat of the culture of death dwarfs such temporal issues as SS or the budget.

Delay is following the moral path that Eli Wiesel layed out when he said,

"I swear never to be silent whenever and wherever human lives endure suffering and humiliation, we must always take sides. Neutrality helps the oppressor, never the victim. Silence encourages the tormentor, never the tormented. Sometimes we must interfere when human lives are endangered. When human dignity is is jeopardy, that place, at that moment, must become the center of the universe."

Obviously the oppressors in the Democrapper party are worried that their crimes will be exposed and their evil torment interferred with.

Godspeed Tom!

[Tyrone Slothrop]

Originally posted by Spanky
I just wonder when the Democrats are going to smarten up, and do everything in their power to keep him in Congress.

They really ought to be doing more to tie him to the GOP more generally, rather than simply demonizing him.

[Sidd Finch]

Originally posted by Spanky
but if you taxed inheritances 100% then you would just give the house to the government and the government could sell it at their leasure.

The IRS doesn't accept payment in kind. Believe me on this one.

[chad87655]

Originally posted by Tyrone Slothrop
They really ought to be doing more to tie him to the GOP more generally, rather than simply demonizing him.

The urine-yellow stained socialist cowards in the Demo party are scared to bring this fight too far. and for good reason. Corrupt evil donkies who live in glass houses should not throw stones. If a Delay standard is created, it will ultimately be applied to the donkeys, who will wither under the glare.

Just a snapshot, courtesy of the NYDailyNews in March of this year, of my state's House delegations' abuse of the public trust, included:

-Democrat Maurice Hinchey, who - according to the News - "has clocked more miles than the other 28 members of [New York] state's delegation." The well-traveled liberal took 27 trips costing private groups $157,000 over the past five years. Hinchey traveled in style; luxuriating at resorts like the Four Seasons in Punta Mita and other sumptuous retreats in Morocco, Madrid, Budapest, Helsinki, Tunisia, Cancun, Italy, Vancouver, Shanghai and Grand Cayman Island.

-Democrat Elliot Engel "has whisked his wife to first-class resorts in San Juan and Las Vegas, Wyoming and Florida - and barely spent a nickel." He even scored a $5,300 junket to New Orleans for his daughter and took his teenage son to Seattle and London and Jerusalem, gratis.

-loudmouth Democrat Charlie Rangel jetted off to the Dominican Republic three times in recent years, courtesy of the Punta Cana Beach Resort in 2001, American Airlines in 2002 and the Dominican/American Roundtable in 2003.

-Democrat Gregory Meeks has taken 37 trips in the last five years - 30 privately funded and seven government-paid. Destinations included Jamaica, Barbados, St. Lucia, Antigua, Venezuela and Honolulu. Total cost for Meeks' meanderings: $150,000.

-Democrat Jerrold Nadler has traveled with his wife, Joyce, courtesy of the Association of American Railroads, on a pair of trips costing $5,500 and $6,600, respectively - while serving on the House Railroad Subcommittee.

-Democrat Anthony Weiner took the longest and most expensive taxpayer-paid trip in the delegation - a fact-finding expedition to Antarctica. According to the Daily News, taxpayers wound up shelling out more than $350,000 for the nine-day, 12,500-mile marathon two years ago - with Weiner traveling as part of the 13-member Science Committee.

-Democrat Joseph Crowley took the New York delegation's longest trip on record, a 13-day, $8,900 getaway to India and Bangladesh sponsored by an Indian trade group. Crowley has also taken his wife, Kasey, on freebies to India, New Orleans and the Dominican Republic.

[chad87655]

Originally posted by Sidd Finch
The IRS doesn't accept payment in kind. Believe me on this one.

Who cares? Its over, the repeal bill is a steamrolling to a triumphant Bush victory signing! another feather in the cap of his legacy. Start crying your liberal crocodile tears now.

Of course, wealthy hypocrit liberals always have the option of specifying in their wills that their fortunes can go to the government, but of course, to date, we don't see any examples of that because it is easier to steal the hardearned savings of the redstate patriots. Maybe the Kennedys or Warren Buffet can lead the way, but I won't hold my breath.

PUT YOUR KIDS' INHERITANCE WHERE YOUR SOCIALIST BLASPHEMIES SPOUT FROM OR SHUT THE FUCK UP!

[Replaced_Texan]

Originally posted by Tyrone Slothrop
They really ought to be doing more to tie him to the GOP more generally, rather than simply demonizing him.

Well, here, the TRMPAC scandal is tied to nearly every single Republican in the Legislature.

To wit, today's victim.

[Someone's Evil Twin]

Originally posted by chad87655
Bravo for Delay! The defeat of the culture of death dwarfs such temporal issues as SS or the budget.

Delay is following the moral path that Eli Wiesel layed out when he said,

"I swear never to be silent whenever and wherever human lives endure suffering and humiliation, we must always take sides. Neutrality helps the oppressor, never the victim. Silence encourages the tormentor, never the tormented. Sometimes we must interfere when human lives are endangered. When human dignity is is jeopardy, that place, at that moment, must become the center of the universe."

Obviously the oppressors in the Democrapper party are worried that their crimes will be exposed and their evil torment interferred with.

Godspeed Tom!

As you are now, so once was I
As I am now, so thee shall be
Prepare for death, and follow me

Memento mori!

[Replaced_Texan]

Originally posted by Spanky
I spent all day Monday, and most of the day today in meetings about getting rid of DeLay (that is the reason for my late posts). He has made a lot of powerful enemies. There is a group now that is interviewing candidates to run against him in the primary. I just wonder when the Democrats are going to smarten up, and do everything in their power to keep him in Congress.

Well, this primary is as good as any to try something like that, since the whole Hutchison/Goodhair(/Strayhorn) bloodbath will be going on in the primary.

I recommend your candidate get to know everything there is to know about rail.