This week, Fox News showed a factually false Republican talking point about the so-called "death tax" and then showed no Democratic response and no correction of the Republican falsehood. Even wors...
This week, Fox News showed a factually false Republican talking point about the so-called "death tax" and then showed no Democratic response and no correction of the Republican falsehood. Even worse, Fox News actually tried to imply opposition to the inheritance tax within the Obama Administration by using a misinterpretation of the work of an Obama economic advisor that actually contradicts nothing proposed by Obama but does contradict core Republican beliefs exemplified in a February 2009 CPAC speech by apparent de facto head of the Republican Party, Rush Limbaugh.
The Fox News clips I use in my video come from the program "Happening Now" broadcast April 1, 2009 (not available online).
You can find the chart I used in my video that shows the percentage of estates affected by the inheritance tax that have significant small business or farm assets at http://www.cbpp.org/cms/index.cfm?fa=...
You can see the 1980 paper by Barack Obama's economic advisor Lawrence Summers titled "The Role of Intergenerational Transfers in Aggregate Capital Accumulation" (as published in 1981) at http://tinyurl.com/SummersPaper
And, finally, as always, you can find DOZENS and DOZENS more examples of Fox News bias on my Fox News bias playlist on YouTube at http://www.youtube.com/view_play_list...
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dont listen to liber lies estate tax will hurt family farms/ family hunting land, leave the estate tax to the super rich not to family farmers, especially farms outside cities that are worth millions, their farms will end up being residential developments for rich city upper middle class assholes, people be smart vote for libertarian minded candidates not for elitist assoles who want controll
Do you really need proof that Fox News is biased media that caters to extremely well-off white folks? Watch the ad's they run on this network. In the midst of a global economic meltdown, this network has ad's for brand new Mercedes Benz's and BMW's and expensive timeshare getaway vacations in remote exotic places. They sure as hell don't show the credit debt ad's they show on BET! Not to mention that Fox News declines to document the struggles of poor and non-white people like the local news.
And it is fair! Just because these rich kids are being butt hurt ... "OH THis is my money. My daddy worked for it BLAH BLAH" What about the fucking americans in the ghettos. What about the americans that are struggling to make ends meet, and all that other shit? Why not help them?
I see all the time where we need to help people in Africa and 3rd world countries- WHAT ABOUT HERE AT HOME? WTF AMERICA?
it's very easy to go around the inheritance tax, though. You just make the transfer BEFORE you die. this doesn't mean that I'm against the Paris Hilton tax though(lol)
because it's money that is being given to another person who didn't earn said wealth.I will argue that perhaps 45-55% is a bit too excessive but I will not agree that it shouldn't be taxed at all.The second reason is because American forebears came from a place where aristocracy, greed and corruption went hand in hand.People who have alot of money have a lot of governmental influence.But in a land of democracy you tend to want to curb that as much as possible to give everyone a even keel.
I agree with ya man..Noone can say that the construction worker dosen't work hard but he normally dosen't get paid like a CEO.Both work hard for their money.
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I'm independent but I can tell thats just wrong.
And it is fair! Just because these rich kids are being butt hurt ... "OH THis is my money. My daddy worked for it BLAH BLAH" What about the fucking americans in the ghettos. What about the americans that are struggling to make ends meet, and all that other shit? Why not help them?
I see all the time where we need to help people in Africa and 3rd world countries- WHAT ABOUT HERE AT HOME? WTF AMERICA?