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Politics : Sioux Nation
DJT 13.87+1.5%Jan 16 9:30 AM EST
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To: Oblivious who wrote (80621)9/28/2006 9:29:40 PM
From: geode00  Read Replies (3) of 362360
 
The estate tax's purpose is to keep the country on an even keel. It's the reality of human nature and of our society that wealth, like a snowball rolling downhill, gathers up more wealth and concentrates it.

Vast gaps between rich and poor (and ours is now the biggest since the robber baron 20s) create instability and, eventually, revolution. We don't want that, do we?

This is an amazing story. Facebook, which started a couple of years ago has a 23 year old CEO and a price tag of reportedly $1billion. Where in history could that much wealth, essentially from scratch, be created in that timeframe with so little risk?

The estate tax changes that Republicans want affects 0.27%, no 27%, 0.27% of estates.

Why are Republicans so anxious about it when they're cutting college funds and veterans benefits?
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