The Washington Post reported today: As the Senate prepared Tuesday to push through a sweeping tax package negotiated by the White House and congressional Republicans, House leaders were looking to amend the measure to satisfy the concerns of angry liberals without unraveling the deal altogether.
I don’t understand why the Republicans let the “concerns of angry liberals” get to them. Millions of angry conservatives showed up at the polls about six weeks ago to make their concerns clear on taxes and spending. They want lower taxes (including death of the Death Tax on Estates over $1 million) and spending cuts.
I wonder why the government thinks it can legitimately tax any estate. With the exception of tax-exempt investments like IRAs, people have already paid taxes on money accumulated in savings accounts or used to acquire property. I don’t understand how We the People ever accepted the premise that the federal government has the right to tax it again.
Our estates belong to our heirs after we pass on, not any government entity. I see no reason for the federal government to claim a single penny, except of course, for their own greed. They have spent and taxed us into oblivion. They have replaced a free and robust economy with a moribund replica. They have systematically taxed everything so as to make it impossible for the average American to accumulate any wealth. But then they’ve made no secret of their desire to redistribute the wealth, not only in this country, but throughout the world. And yet, they feel it’s their right to tax what little wealth we manage to accumulate in our lifetime.
My dear, Republican friends in Congress, here’s a news flash: We won the election. Unless you have a particular desire to further aggravate the American people, you’ll refuse to compromise on this issue. Don’t re-instate the death tax and allow the federal tax man to intrude upon a family’s grief and property that rightfully belongs to them.
Here in Brewster County, we have ranches that have passed from generation to generation. Our ranchers have worked hard to acquire property and to keep it in the family. If we re-instate the death tax, I wonder how many families will have to sell acreage just so they can pay their taxes. Each and every time that happens, we not only lose some of our rich heritage, but more of our rights.
Republicans, take your time with this. Don’t rush. Wait until January. Then you can work with the new Congress to do what you must to end this tax that not only injures the economy, but wounds our right to the pursuit of happiness, otherwise known as the right to personal property ownership.