Saturday, January 08, 2005

Ridenbaugh Press

Ridenbaugh Press: "Headline on a press release today from Idaho's representatives Mike Simpson and C.L. 'Butch' Otter:
'Simpson and Otter Back New Effort to Permanently Repeal Death Tax.'
That may be difficult: There is no such thing as a 'death tax.' There is - was - an 'inheritance tax,' which taxes large sums (we're taking about millions of dollars) passing from one person to another, paid by the recipient. It affects a tiny slive of the population, just a few of the wealthiest. But death is not taxed, and there is no tax on the books called the 'death tax.'
Could it be they mean the 'inheritance' or the 'estate' tax? If so, why would they use incorrect terminology? Unless there's some political reason, of course ... "

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