Posted on 12/24/2009 1:13:09 PM PST by NJRighty
Group Calls for Extension of Federal Estate Tax Published on Tuesday, December 22nd, 2009.
In a December 17 letter to Senators, Americans for a Fair Estate Tax has urged legislators to extend the Federal Estate Tax citing a loss in vital tax revenue and incentive for charitable giving.
December 17, 2009
Dear Senator,
Given the serious economic problems the country faces today, the Senate's apparent decision to let the federal estate tax expire on Jan. 1, 2010 is incomprehensible.
Unless Congress takes action, the estate tax will disappear in 2010 and then return at higher levels in 2011. The estate tax already has been reduced very significantly since 2001. It currently affects only estates of over $7 million for a couple, or $3.5 million for an unmarried individual. Repeal or any weakening of the tax would result in significant loss of revenue for vital public programs and infrastructure, and would benefit only the largest one in 500 estates that are subject to the tax at its current level.
We commend Senate leadership for trying to extend the tax's 2009 parameters beyond the current year in order to prevent the scheduled rollercoaster of the tax over the next two years. However, some Senators have irresponsibly blocked even a temporary extension, paving the way for the tax's expiration after December 31.
(Excerpt) Read more at pgdc.com ...
No suprise there — all of these maggots are communists. their time is surely coming.
I guess if you’ve got a large estate and a bunch of heirs, 2010 would be a good year to die.
Yeah, a laughable group of misfits and bottom feeders
Here’s the one that kills me:
“Taxpayers for Common Sense”
ROFL
Government mandated confiscation of wealth is the greatest financial charity in existence.
Any other charities are just competition and MUST be put down.
These greedy commie piggies are NOT Americans. Where do they get this "Americans for a Fair Estate Tax" crap?
I hear ya. I love when these far left groups give themselves "feel good" sounding names.
The only fair estate tax is none at all.
Un-friggin’ believable. Another reason I’ll never need to change my tagline.
The “death to America” crowd favors the death tax.
Figures.
Phony ‘nonpartisan’ ‘watchdog’ group...
Taxpayers for Common Sense (TCS) is an nonpartisan federal budget watchdog organization based in Washington, D.C.
TCS is a 501(c)(3) non-profit organization; its 501(c)(4) affiliate is Taxpayers for Common Sense Action (TCS Action). The current president of TCS is Ryan Alexander. Founded in 1995 by Jill Lancelot and Rafael DeGennaro, TCS works to ensure that the federal government spends taxpayer money efficiently and responsibly.
TCS is best known as a leader in tracking, analyzing, and publicizing Congressional earmarks.
Ryan was a consultant to foundations and advocacy organizations, a foundation program officer, and a litigating attorney. She co-founded the Appalachian Center for the Economy and the Environment
Charity Navigator:
Ryan Alexander, President, Compensation - $110,000 = 11.19% of Expenses
Overall Score - Taxpayers for Common Sense = 57.02
Mission: eliminating wasteful and harmful programs and subsidies; increasing government transparency and accountability related to the federal budget and appropriations process
I put all of my future in a trust for my daughter. This way the death panel won’t be enhancing their coffers with their actions toward me.
I put all of my future in a trust for my daughter. This way the death panel won’t be enhancing their coffers with their actions toward me.
Such a mindset makes for a lack of need for government arbitration.
Not a mindset with promise of survival politically.
Political devotion before country concern after all.
I bet George Soros name is at the top of the list for this communistic organization.
Anytime a lefty uses the words “fair” or “justice” (or any forms of these words), it means they want the gov’t to take other people’s money and give it to someone else, as designated by the lefties. “Fair” and “justice” never refer to lowering taxes, creating private sector jobs, or aiding privately owned business in any manner.
As well as at least half of the organizations that signed their names to this letter, no doubt.
I demand these maggots kiss me and blow in my ear while they’re scr-wing me.
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