the estate tax doesn't even come close to affecting the middle class. you need to make upwards of $200,000 for it to be levied upon you.
whether gw has it in mind or not, such activity ends up affecting minorities disproportionately, because they are clustered in lower tax brackets and do not see any repeal. please consider reading Thomas Sugrue's The Origins of the Urban Crisis: Race and Inequality in Postwar Detroit. It is rife with such examples of government policy intended to benefit large corporations and wealthy individuals who will ostensibly then pay the community back in kind by providing jobs, funding the arts, and remaining loyal to the region that gave them a break. but they never do, and this story is a big part of detroit's situation. tax breaks for the rich will never ever trickle down to the poor. abolishing the estate tax is a true waste of your money as a taxpayer. ben On Wed, 12 Jun 2002 [EMAIL PROTECTED] wrote: > > Yeah, but isn't what is really hurting agricultural families is corporate > farming? > > >it will also prevent the current middle class from acquiring the wealth > they need to make the leap to being rich. > > I have a problem with this - making the leap to being rich means someone > else is making the fall to being poor - that money has to come from > somewhere. What is wrong with being middle class? Why is accumulating more > privately held wealth seen as progress? > > MEK > > > > > Holly > MacDonald-Korth To: "'Lester Kenyatta > Spence'" <[EMAIL PROTECTED]>, 313@hyperreal.org > <[EMAIL PROTECTED] cc: > .com> Subject: RE: [313] don't make > estate tax permanent (OT) > > 06/12/02 12:06 PM > > > > > > > sorry to do this. but i strongly disagree. it greatly hurts agricultural > (farmers) families. it also disincents anyone to work hard, becuase so much > is taken away at the end. > > granted, the rich will get richer. but that will happen no matter what. > > it will also prevent the current middle class from acquiring the wealth > they > need to make the leap to being rich. > > -----Original Message----- > From: Lester Kenyatta Spence [mailto:[EMAIL PROTECTED] > Sent: Wednesday, June 12, 2002 10:25 AM > To: 313@hyperreal.org > Subject: [313] don't make estate tax permanent (OT) > > > > sometime soon, the senate is going to vote on whether to make the repeal > of the estate tax permanent. this tax, paid only by the wealthiest of the > wealthy upon inheritance, if repealed permanently would further increase > the gap between the wealthy and the rest of us. > > i don't usually ask people on the various lists i participate in to call > their senators, but i feel very strongly about this. if you have a bit of > time to call or email your senators, and you believe the estate tax should > NOT be repealed permanently, please contact your senator: > > http://www.senate.gov/contacting/index_by_state.cfm > > If you want information about the estate tax (albeit from my viewpoint) > check out: > > http://www.responsiblewealth.org/action_alerts/index.html > > > please feel free to forward. > > > peace > lks > > > > > > > --------------------------------------------------------------------- > To unsubscribe, e-mail: [EMAIL PROTECTED] > For additional commands, e-mail: [EMAIL PROTECTED] > > --------------------------------------------------------------------- > To unsubscribe, e-mail: [EMAIL PROTECTED] > For additional commands, e-mail: [EMAIL PROTECTED] > > > > > > > --------------------------------------------------------------------- > To unsubscribe, e-mail: [EMAIL PROTECTED] > For additional commands, e-mail: [EMAIL PROTECTED] > ====data general=========== ==www.umich.edu/~btausig=== [EMAIL PROTECTED] [EMAIL PROTECTED] --------------------------------------------------------------------- To unsubscribe, e-mail: [EMAIL PROTECTED] For additional commands, e-mail: [EMAIL PROTECTED]
