underzealous

Exaudio, Comperio, Conloquor.

09/13/05

Tax Cuts

Filed under: posts — ark @ 12:19:11 pm

Or rather, the threshold for eliminating tax cuts:

In the aftermath of what likely will be the most costly natural disaster in U.S. history, six in 10 Americans want lawmakers to delay action on pending legislation that would cut federal taxes by an estimated $70 billion over the next five years. Those proposed cuts include eliminating the inheritance tax, a Bush priority that supporters now say faces an uncertain fate. Half of all Republicans joined with two-thirds of Democrat to support delaying proposed tax cuts.

That 6 in 10 should be much closer to all ten, given that none of these proposed tax breaks will help ordinary people. Certainly the estate tax never has hurt ordinary people because so few people have estates that big.

Query whether using the word "inheritance tax" is an intermediary for the media between "estate tax" and "death tax."

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