(4/19/2005) In my opinion there is only one
type of politician worse than a Republican member of the U.S. Congress, and that is a
Democrat member of Congress who votes with the Republicans on their fascist legislation.
And the most fascist piece of legislation ever to be considered by Congress, in the last
one hundred years, is the repeal of the estate tax. Sixteen Democrats in the
House Of Representatives are listed as cosponsors on this estate tax legislation and all
sixteen of these individuals should be walking around the halls of Congress with bags over
their heads because they are all a bunch of two-face, BenedictArnold, shyster scumbags. (see
photos on the right)
Many people are confused about who pays the estate tax
because of deliberate efforts by Bush and the GOP to manipulate people's perceptions about
this tax, and all taxes for that matter. But the estate tax only kicks in for estates
valued over $2 million dollars, and these estates are not subject to the top tax rate of
50% until estate values exceed $20 million dollars. Also, when an individual dies their
estate passes to their spouse tax free; and that includes even the largest estates.
Therefore, less than 2% of the most wealthy families in the
United States are subject to any estate tax. Also much of this wealth has never been taxed
before because it is held trust funds, tax deferred investments, or other investments that
allows taxes to be avoided or deferred. The estate tax also forces these wealthy families
to decide between paying a lot of estate taxes to the government at their death, or giving
a lot of their wealth away to charities before they die. Both of these choices act as
incentives and encouragements that have been very health for our democracy, our
government, our economy, our society, and our middle class.
The first thing Bush did, after stealing the election in
2000, was pass legislation that repealed the estate tax. Since that time he has spent the
largest portion of his time in office trying to make sure the repeal of the estate tax is
made permanent. He has also been spending a lot of time robbing Medicare and trying to
justify his corrupt plan to rob the Social Security system. But clearly repealing the
estate tax for billionaires has always been at the very tip top of his fascist agenda, and
he continues to lie about who will benefit from this fascist legislation.
Thanks to Republican legislation, starting during the Nixon
and Reagan administrations and continuing through the current administration, our tax code
has become highly regressive and the estate tax is the last truly progressive tax still on
the books. All the other taxes, including SSI, income taxes, sales taxes, property taxes,
gas taxes, etc., are now all regressive taxes. What this means is that the wealthier you
are the less you have to pay in taxes as a percentage of your income. Some people might
argue that the income tax is still a progressive tax because of a graduated tax rate
table, but the reality is that the extremely wealthy, mostly billionaires, have a number
of tax avoidance options available to them in the tax code and almost all of them take
advantage of these loopholes.
As a result of our highly regressive tax code billionaires
pay a much smaller percentage of their income in taxes than does the average middle class
worker. And the people in America who are paying the highest percentage of their income in
taxes are self employed individuals who make around $90,000 a year.
Not only is this tax system unfair, it is destroying our
democracy and concentrating our countries wealth and opportunity into the hands of a few
mega wealthy families. Our democracy is about to become a perverse aristocracy and history
shows us that those types of governments are very bad for 99.9% of the people. Those forms
of government are often ruthless, cruel, and repressive. If we allow this to continue our
society is going to start looking more and more like the society in Mexico, and I don't
believe the American people what that outcome.
The solutions to this regressive tax problem are very simple
and straight forward, and mostly involve undoing what the Republicans have done to the tax
code. They include expanding the number of tax bracket, raising the top tax rates, closing
some tax loopholes, and creating some new taxes on wealth, and especially extreme wealth
in the form of real estate.
President Clinton and the Democrats in Congress did the first
three things on my list without one Republican vote and we witnessed a huge turn around in
the federal government budget. The budget went from huge historic deficits to huge
historic surpluses. However, as soon as Bush got into office his reversed all Clinton's
tax increases and passed several new tax cuts for billionaires. As a result, we now have
the largest deficits in our country's history and they appear to be growing out of
control.
All this new American government debt is being purchased by
China, Japan, and some other off shore tax shelter banks and it is costing the American
people, mostly middle class workers, $1 billion dollars every day 365 days a year. And
that is just to pay the interest cost on the current debt. The natural laws of supply and
demand tell us that all this new debt will eventually force interest rates up and when
that happens our government is going to be in real fiscal trouble.
We are rapidly approaching a time when it will be necessary
for our government to begin liquidating it's assets in order to pay the interest cost on
the federal debt. These trillions of dollars in government assets really belong to the
American people, and if they continue to be looted and stolen by these ugly greedy evil
politicians it will be the middle class American people who will pay the highest price and
who will suffer the most. Despite these looming fiscal dangers Bush continues to call for
more tax cuts and more spending increases.
Bush and his Republican pals are robbing our government and
destroying our democracy, and they have tricked a large portion of our population into
believing they are looking out for their best interest. The Democrats who are voting with
the Republicans on this treasonous legislation are worse than the Republicans because they
are infiltrators, Benedict Arnolds, frauds, and con-men who have betrayed their own
party's ideology in exchange for some difficult to quantify reasons. They are probably
being promise a slice of the pie.
A good analogy to these Democrats is the middle class people
in America who voted for Bush and consistently vote for Republicans because they believe
the Republicans are conservatives, moral leaders, and good stewards over our economy when
the reality repeatedly demonstrates that their legislation produces results that can be
described as the opposite of a conservatism, the opposite of Christian religious values,
and an economy that limps along and is being keep afloat on a mountain of new debt.
Most of the American people are still confused about who Bush
really is, and what the Republican Party really stands for. However, most of us now know
what to expect from Bush and the Republicans, it is the fascist sell out Democrats,
pictured on the right, who are hurting the American people and really pissing me off.
Therefore, I would like to see these Democrats, who
cosponsored this fascist piece of legislation, shamed and run out of office. Their support
for repeal of the estate tax is reason enough for these people to be run out of office
with a kick in the pants as the door is slammed behind them.
Please contact these individuals by phone, email, and letters
to their offices and homes, and the homes and offices of their biggest financial
contributors. Let them know that you think that their a bunch of rotten turncoats for
supporting the repeal of the estate tax, and your want them out of office and out of any
political leadership position in this country.
This web site contains some other tools, in the form of information,
that will help you learn how to respond to save your country from those who only honor
gold, and those who whore themselves for a slice of the blood covered gold. Now it is up
to you to save yourselves while honoring the lives of those who came before you.
All that is necessary for evil to win is for good men to do
nothing.