Thursday, December 3, 2009

Boozman for the Billionaires


Congressman John Boozman (R-Stepinfetch) today tried to give a big Christmas present to the billionaire Walton heirs. He was the only member of the Arkansas delegation voting to kill the estate tax on billionaires, which passed anyway today by 225-200.

HR 4154, the Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009, would exempt estates up to $3.5 million per individual and $7 million for married couples. That would exempt you and me, but it wasn't good enough for John Boozman. The four Waltons have inherited wealth of over $17 billion each, and he has consistently voted for all legislation to reduce their share of federal taxes.

7 comments:

  1. You just cannot understand, nay you haven't the ability to understand Congressman Boozman's reasoning.
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    Let me give you a hint. Do you think John or anyone else has any business interfering with the lives of people upon whom God has chosen to bless to so much wealth?

    This is not mere tertiary affairs you're meddling into, this is the work of the Lord these renegade Democrats are messing with. Hell hath no fury like the scorn of a Billionaire taxed.

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  2. Yes, the heirs of each of the Walton billionaires would be left with a mere $9.4 billion after taxes. That's still enough to buy stooges like John Boozman.

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    There's another way to arrange taxes. Just have the very super rich who happen to own 70% of American wealth pay their pro rata share of the Defense Bill.

    Bertrand Russell once remarked that if you remove all possibility of profits from War then there is nothing in human nature to compel it to happen.

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  4. Wait a minute. Maybe that was George Bernard Shaw.

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  5. Russell or Shaw, it makes no difference. You know it wasn't John Boozman, who never knew a bad war nor a good peace/piece.

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