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Tuesday, April 12, 2005
The Paris Hilton Tax Cut
I'd never thought about Republican attempts at nixing the inheritance tax this way until the folks over at New Democrats Online brought it up.
So what are the Republicans who run the U.S. House of Representatives planning to do tomorrow? Give the Paris Hiltons of this world not just another tax cut, but a complete free ride from taxation of the riches they never earned. It would almost be funny if it were not so serious a matter.The right came up with a brilliant concept when they framed the inheritance tax as the "death" tax. Who wants to be taxed for dying?! The NDOL folks have come up with an ingenious way to reframe the inheritance tax as the "Paris Hilton" tax. If there's any way they can beat the "death" tax, this is it.
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