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Friday, August 04, 2006

Estate Taxes and Min Wage Bill Are Assinine

Senate GOPers are forcing a vote on both cutting estate taxes and increasing the minimum wage. the idea is apparently a political ploy to force Dems to approve the estate tax cut if they want to raise the min wage. But, does this not also force supporters of cutting the estate tax to support the assinine minimum wage increase?

I would vote "NO" if given the opportunity.

As I have written time and again, any government mandated wage increase prices the lowest end workers out of jobs. That is a morally insupportable bill. Equally morally insupportable is the proposal to mainatin the estate tax. Americans have an inherent property right to provide their estate to whomever they wish, charities, heirs or strippers they just met before dying. We pay taxes every step of the way during our lives on income, capital gains and interest on savings and should not then be fleeced after we die. And the less than Kennedy's who actually build businesses should not be forced to liquidate to pay these unconscionable taxes.

These Republican politicians are too clever by half. If only there were some alternative....

5 Comments:

At 10:14 AM, Anonymous Anonymous said...

You fat-cats want to hold down the poor with your BS claims abou the min wage effect on the economy. People need a fair wage and a lesser profit for companies like Walmart is all we are talking about. Don't turn every little attempt at fairness and justice into some Socialist program. And make due with you gas guzzling cadillac for another few months.

 
At 5:48 PM, Anonymous Anonymous said...

I refer you to Cafe Hayek's post on the free market's better approach to wages:

http://cafehayek.typepad.com/hayek/2006/08/let_markets_set.html#trackback

 
At 10:17 AM, Blogger francois said...

"People need a fair wage and a lesser profit for companies like Walmart is all we are talking about."

Shows what you know. Wal-mart, even if you took away all their profit, could provide about a 50 cent increase per hour for each employee. That's what happens when your profit margins are so low and you have 1.5 million employees.

You also demonstrate your ignorance by inferring that a minimum wage increase will help Wal-mart employees. Wal-mart employees already make above minimum wage. Not the old one, the new one being proposed.

 
At 3:59 PM, Anonymous Anonymous said...

Anyone musing about Ben Stein's column from Sunday's Paper?

 
At 1:14 AM, Anonymous Anonymous said...

http://www.adquity.com

Classifieds for our community. Buy, sell, trade, date, events... post anything. Adquity Classifieds.

http://www.adquity.com

 

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