Follow BeltwayBlips on Twitter
Obama Plans to Keep Estate Tax
The Page by Mark Halperin —
... WSJ: "Under the Obama plan detailed during the campaign, the estate tax would be locked in permanently at the rate and exemption levels that took effect this year." ...
Obama Plans to Keep Estate Tax
Democratic Underground Latest Breaking News —
... for the restoration, Democrats contend that such a large additional tax break for the rich shouldn't go into force halfway through Mr. Obama's proposed economic-recovery package. They argue that the deficit is already in record territory, while their plan wouldn't have any impact on the economy since it would merely keep the estate-tax rate at its current level. Mr. Obama and his party also say that the affluent already have benefited handsomely from the Bush tax cuts. Read more: http://online.wsj.com/article/SB123172020818472279.html
Hugh Hewitt: Resurrecting the Death Tax
Townhall.com Blog's TownHall Blog —
The president-elect campaigned on keeping the death tax but only on estates greater than 3.5 million per person --$7 million for married couples. But, the ...
Hugh Hewitt: Resurrecting the Death Tax
Hugh Hewitt's TownHall Blog —
The president-elect campaigned on keeping the death tax but only on estates greater than 3.5 million per person --$7 million for married couples. But, the ...
ThinkFast: January 12, 2009
Think Progress —
... Barack Obama and congressional leaders “plan to move soon to block the estate tax from disappearing in 2010. … In making their case for the restoration, Democrats contend that such a large additional tax break for the rich shouldn’t go into force halfway through Mr. Obama’s proposed economic-recovery package.” ...
Monday's Mini-Report
Political Animal —
... a Tom Coburn filibuster on a key public lands bill. * The estate tax is scheduled to disappear in 2010. Obama and congressional Dems are going to make sure that doesn't happen . * Far-right bloggers looking for evidence of manipulated war photos ...
Obama Asked For Some Ideas About Improving His Economic Stimulus Plan-- Here Are A Few
DownWithTyranny! —
... Last week, after withering criticism of his less than dynamic plans to rescue the economy the Bush Regime has virtually destroyed, President-elect Obama went on TV and said he is open to new ideas that will help make his plan more ambitious. Before we get to the serious proposals he virtually invited from Nobel winning economist Paul Krugman, there's time for a chuckle at the expected reaction from way out in right field, where the Republican Party Daily has their all too predictable suggestion: eliminate the estate tax so that the rich and their offspring can get much richer. ...
Happy Hour Links
Weekly Standard Blog —
The boss believes in continuity we can believe in.
David Freddoso explains Nancy Pelosi's power grab.
Thirty percent of votes were cast before Election Day.
Obama plans to keep the estate tax.
Michael Moynihan throws a rock at Matthew Yglesias's head.
Poland hopes Obama will back missile defense.
One of the Somali pirates who drowned with his booty a few days ago has washed ashore with $153,000.
Only Three Things Are Guaranteed: Death, Taxes, And Dems Loving the Death Tax
The Sundries Shack —
Are you ready for your first tax increase of the People’s Glorious Democratic Paradise? President-elect Barack Obama and congressional leaders plan to move soon to block the estate tax from disappearing in 2010, suggesting the levy might outlive the “Death Tax Repeal” movement that has tried mightily to kill it. The Democratic stance on the estate tax contrasts with Mr. Obama’s reluctance to press forward with his campaign pledge to raise income-tax rates on top earners, which he worries could have an adverse economic impact during a recession. In fairness to the Democrats, ...
It’s Time To Construct A New Well
Wonk Room —
... - Obama plans to retain the estate tax, arguing that a large tax break “shouldn’t go into force halfway through Mr. Obama’s proposed economic-recovery package.” ...
Stepping Up, Ever So Gently, On Taxes
Open Left - Front Page —
... made the case that Barack Obama both pushing corporate tax cuts and dancing around his promises to raise income taxes on the wealthy are bad moves - bad politically because they project fear/weakness in their willingness to appease - rather than challenge - the worst right-wing frames, and bad because corporate tax cuts and refusal to raise taxes on the wealthy simply aren't sound economic policy (as the last 8 years clearly proved).
So, I'm happily surprised by this Wall Street Journal story:
President-elect Barack Obama and congressional ...
ThinkFast: January 12, 2009
The Hollywood Liberal —
... at the beginning of the Bush administration and wonder if their agendas are being taken seriously.” Barack Obama and congressional leaders “plan to move soon to block the estate tax from disappearing in 2010 . … In making their case for the restoration, Democrats contend that such a large additional tax break for the rich shouldn’t go into force halfway through Mr. Obama’s proposed economic-recovery package.” President Bush will hold his final White House press conference this morning at 9:15 am . “The President will make a brief opening statement, commenting on the ...
At her request she asks for nothing, you get nothing in return
The Sideshow —
... The WSJ reports that Obama and the Dems plan to keep the estate tax: "President-elect Barack Obama and congressional leaders plan to move soon to block the estate tax from disappearing in 2010, suggesting the levy might outlive the "Death Tax Repeal" movement that has tried mightily to kill it." Good. Do that. And then raise the rate. ...
Keeping the 'Death Tax' is a Must
Politics Daily —
... Luckily, there's no such thing as a "Death Tax." That's a name that rich people made up to confuse you. The estate tax, on the other hand, is a completely reasonable tax that affects only a tiny handful of people, and is exceedingly fair. ...
Flack For Corporate Families Falsely Claims Estate Tax Will Cripple Small Businesses
Wonk Room —
... of the Policy and Taxation Group, the other of which is Patricia Soldano, who has been crusading against the estate tax for decades. And Soldano is not funded by small businesses, but by ...
