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"AAP Reverses Policy on Female Genital Cutting"

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1 – 10 of 10
Anonymous Anonymous said...

off subject.
were the democrats (all of them) on this blog aware that there is NO FEDERAL ESTATE tax WHATSOVER this year ?

Ie, estates of 200 billion pay no federal estate tax this year....

what a great year to die...

and next year, with the bush tax cuts, it goes back to 1 million....

democrats have the house and the senate and the white house...

WTF ????

http://www.articlesbase.com/trademarks-articles/federal-estate-tax-2010-where-are-we-going-2420006.html

I was just trying to figure out what to do about my moms, who is over a million but under 3.5 (where obama wants it) because of course you can plan and avoid quite a bit....

and realized that our brilliant congress never did anything...
they haven't extended or changed the bush tax cuts, and this year the inheritance tax is gone.

Hmmm... how many billionaires died this year ?

govt estimates 70000 estate returns will be filed this year up from 5000, I guess there is stuff you can do afterwards or before....

how do you defend this ? no budget, and no taxes on even folks republicans think should have estate taxes levied.

wow, what a stark inability to govern.

June 01, 2010 11:11 PM

Anonymous Anonymous said...

http://www.sofloridaestateplanning.com/2010/04/articles/estate-tax/the-first-multibillionaire-death-of-2010-the-year-without-an-estate-tax-continues/

wow, what idiots.

June 01, 2010 11:15 PM

Anonymous Anonymous said...

the Federal estate tax was never a major source of revenue for the government

the real rationale is simple resentment of the wealthy

the result is often that family businesses have to be sold to pay estate taxes

the estate tax is bad for society and should be permanently abolished

people pay tax when they earn income throughout their life

why should they pay again, on the same funds, when they die?

June 02, 2010 4:17 AM

Anonymous Aunt Bea said...

It's good they corrected their mistake.

Here's another group correcting a mistake, well maybe. The University of Texas may be changing the name of one of their dormitories since they found out it was named for a leader of the KKK.

June 02, 2010 8:17 AM

Anonymous Aunt Bea said...

Here's one for your off-topic topic:

Should Billionaires Pay Lower Taxes Than Everyone Else?, which asks Is it fair that they pay tax on their extravagant incomes at only a 15% rate when everyone else in the country has to pay up to 35%?

June 02, 2010 8:21 AM

Anonymous Anonymous said...

Billionaires pay most of the tax revenue that the rest of us receive benefits from

their rate is lower because the government has passed all kinds of tax laws that we save them money of they do what the government wants

it's an illusion

they're supporting most of the population

June 02, 2010 12:47 PM

Anonymous Aunt Bea said...

Under the Bush administration, the incomes of middle-range households stagnated. Workers with earnings in the lower range lost more ground and, taking inflation into consideration, on average earned less than they did in 2000. From the end of 2001 to the end of 2007, two-thirds of the nation’s total income gain flowed to the highest-income 1 percent of Americans. Between 1992 and 2007, the average income of the top 400 households, after federal income taxes, increased by 475 percent.

In the long run, conservative policies have made a serious income inequality problem even worse. Adjusted pre-tax household income grew just 13.2% between 1992 and 2007 for the median family of four, but surged 409% for the top 400 households. Now the combined net worth of the Forbes 400 wealthiest Americans is almost as much as the combined net worth of the lower 50 percent of all American households ($1.5 trillion v. $1.6 trillion). This redistribution translates to income inequality in America reaching levels not seen since the Gilded Age.

Income inequality in the United States is so bad, we rank 77th among countries worldwide, tied with Georgia, Tunisia and Turkmenistan. And among OECD countries, we rank close to last in terms of income equality.

PolitiFact reports:

During the campaign, the independent Tax Policy Center researched how Obama's tax proposals would affect workers. It concluded 94.3 percent of workers would receive a tax cut under Obama's plan based on the tax credit to offset payroll taxes. According to the analysis, the people who wouldn't get a tax cut are those who make more than $250,000 for couples or $200,000 for a single person. Obama said he intended to raise taxes on those high earners, a promise he reiterated during the State of the Union, and that revenue would offset the stimulus tax cut.

Because the stimulus act did give that broad-based tax cut to workers, we rate Obama's statement True.

June 02, 2010 3:46 PM

Anonymous Anonymous said...

"This redistribution translates to income inequality in America reaching levels not seen since the Gilded Age."

this is a true Orwellianism

taking less from people is a redistribution?

it may come as a shock to the socialists who frequent this blog, but the purpose of government is not to even out income among all participants in our economy

capitalism promotes success by rewarding it

currently, socialist systems are teetering and capitalist countires are thriving

June 02, 2010 10:30 PM

Anonymous Robert said...

Sweden, for example?

June 03, 2010 4:59 AM

Anonymous Aunt Bea said...

taking less from people is a redistribution?

Giving tax cuts to millionaires while allowing the masses to stagnate, that's redistribution.

Bush's policies are one reason the US ended up tied with Georgia, Tunisia and Turkmenistan in 77th place in worldwide income inequity.

Also, taking in less money than you spend (on unfunded Medicare mandates that create donut holes in Rx payments for the elderly, for example) for 8 years is how you turn a $237 billion surplus into a $1.3 trillion deficit.

We voted for change in 2008 and as President Obama reminded us in Pittsburgh the other day, we got it!

"As November approaches, leaders in the other party will campaign furiously on the same economic arguments they've been making for decades...They gave us tax cuts that weren't paid for to millionaires who didn't need them. They gutted regulations and put industry insiders in charge of industry oversight. They shortchanged investments in clean energy and education, in research and technology. And despite all their current moralizing about the need to curb spending, this is the same crowd who took the record $237 billion surplus that President Clinton left them and turned it into a record $1.3 trillion deficit.. We can return to the failed economic policies of the past, or we can keep building a stronger future."

June 03, 2010 8:22 AM

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