DEATH TAX: Obama’s Plan to raise
estate tax is ‘robbery’
Newsmax – Todd Beamon
and John Bachman – 6/22/2012
“People that have
worked hard, people who have saved, paid their taxes, set something away and now
want to leave it to their family — if they have the bad judgment to die, the
government will step over and say: ‘Thank you. We will take 55 percent of that,’
”
“That’s why we started calling it ‘the death tax,’ because after all if you’re paying 50 percent while you’re alive, then of what you have left, you’re paying as much as 55 percent — if the first claimant in line is Uncle Sam, not even a blood relative, we think that’s morally wrong if nothing else.”
. . . a recent GOP report concluding that the powerful lobby could make more than a billion dollars over 10 years from the sale of supplemental Medicare policies under Obamacare.
The report, from Reps. Wally Herger, R-Calif., and Dave Reichert, R-Wash., alleges the Affordable Care Act will result in great demand for the Medigap policies that are endorsed by AARP. The lobby’s officials have denied the report’s allegations.
“That’s why we started calling it ‘the death tax,’ because after all if you’re paying 50 percent while you’re alive, then of what you have left, you’re paying as much as 55 percent — if the first claimant in line is Uncle Sam, not even a blood relative, we think that’s morally wrong if nothing else.”
. . . a recent GOP report concluding that the powerful lobby could make more than a billion dollars over 10 years from the sale of supplemental Medicare policies under Obamacare.
The report, from Reps. Wally Herger, R-Calif., and Dave Reichert, R-Wash., alleges the Affordable Care Act will result in great demand for the Medigap policies that are endorsed by AARP. The lobby’s officials have denied the report’s allegations.
“Just recently, a
bunch of emails were discovered from the AARP to the White House,” Martin said.
“In those official emails from the American Association of Retired Persons, they
said to them, ‘We’ve got to change our messaging.’ Why? Because their mail was
running 14-to-l against this bill. Fourteen to one. That’s devastating
numbers.
“The ugly truth has come out that the AARP was working hand-in-glove with President Obama on this bill,” he said. “We’ve been saying all along they should’ve been listening, well, we now modify that. They were listening. They just weren’t paying attention to what seniors were telling them. And that’s going to come back to haunt them in November.”
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“The ugly truth has come out that the AARP was working hand-in-glove with President Obama on this bill,” he said. “We’ve been saying all along they should’ve been listening, well, we now modify that. They were listening. They just weren’t paying attention to what seniors were telling them. And that’s going to come back to haunt them in November.”
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