Repealing the Estate Tax

Opening A Trillion- Dollar Hole , how congress is tryign to remove the Estate Tax, which currently only affects 2% which are only the incrediably large estates. Really liked the Roosevelt statement.
The estate tax was signed into law by Theodore Roosevelt, who was stunned by the vast fortunes being accumulated in the first decades of the industrial age. Roosevelt had the quaint notion that great inequality of wealth was unhealthy for a democratic society, and -- foolish man -- he even believed that young people were better off making their own way than living off the fruits of their parents' success.

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This page contains a single entry by fozbaca published on June 19, 2002 11:30 AM.

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