Tax cuts=bribes

News & Politics

Is it any wonder that the estate tax is supported by administration heavies when they stand to gain so much?:

"George W. Bush: $787,193 - $6.2 million
Dick Cheney: $12.6 million - $60.7 million
Donald Rumsfeld: $31.8 million - $101.3 million
John Snow: $22.9 million - $69.8 million.

Let's just take the low end estimates there," suggests Fred Clark.

"President Bush supports the abolition of the estate tax. This policy would cost the Treasury trillions of dollars over the coming years. It will cost the nonprofit sector billions of dollars a year, causing charities to shrink and cut back. President Bush offers no credible argument in support of this policy. If it becomes law, he will personally receive more than $787,000.
"That's one hell of a bribe. $787,000 dollars. Yet we're supposed to believe that the prospect of reaping this huge sum of money has absolutely zero influence on George W. Bush's enthusiasm for this otherwise inexplicable piece of legislation." (Slacktivist)

Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal
{{ post.roar_specific_data.api_data.analytics }}
@2022 - AlterNet Media Inc. All Rights Reserved. - "Poynter" fonts provided by fontsempire.com.