Tuesday, May 24, 2011

Slashing Taxes for the Idle Rich

Duly chastened, Newt Gingrich is amending his platform to include massive tax cuts for the idle rich. Your inheritance? Not only does Gingrich want to eliminate estate taxes, he wants to eliminate capital gains - tax free living in perpetuity for the Paris Hiltons of America.

For the rest of us?
"I think these kinds of steps would move us toward a very dramatic job growth, which is the best way to move towards a balanced budget—by getting people off of unemployment, off of Medicaid, off of food stamps, get them back into earning a living and paying taxes," he said.

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On jobs, he said he would allow the unemployed to collect benefits for four weeks to look for a job, then would force recipients into a job training program.
That's right, you middle and working class slackers - get off your duffs and start paying taxes. After all, somebody has to, and if Newt gets his way it sure as heck isn't going to be the wealthy.

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