The United States has a large deficit problem, and to correct this problem do not let the wealthy escape their tax obligations by simply opening up foundations where they must give 5% of their assets away a year meanwhile they are investing their assets to earn more then 5%, thereby keeping their wealth and political power. The time for change is now!

It is not big government that is pushing spending, it is big business, and they pay off our politicians to go along with it. They buy PORK and WASTE and we let the payola continue. We deserve every bit of taxation we get. Either get behind making our political system more honest by getting rid of the payola, or quit complaining. You are getting what you deserve.

That was a brilliant account of what's going on today. I thank God for others who don't waolk around with their hands over their eyes and buy into all of the lies and deciet that we are being fed.

http://www.youtube.com/watch?v=Urvkfi134Ew

How's that hope and change working out for you?

The inheritance tax is a "symbol" of the giant tax fraud that is forced on the American people. There are many other ourageous taxes, fees, surcharges, and penalties. There has to be a limit on the "power of the purse". Current events should show why.

You state, "But they should pay their fair share of taxes on it. I do not support zero taxes on inheritances that my kids did not work for." Fine, don't.

This country was founded on a revolt against oppressive taxation without representation.

George Washington warned us about the danger of political parties. Founding Fathers were extremely concerned about corrupt big government ruling the people instead of vice versa. How prophetic is that? Obama was quoted as saying the "so-called founding fathers". What does THAT mean?

So, what do we do? Instead of using taxation in a limited role, it has exploded into a 40,000+ page series of documents no one entirely understands. On top of that, what kind of representation do we get? The PORK and WASTE is too numerous to mention. Entire regions of the US are shut down by environmentalists protecting "endangered species" (see no water in the Valley in California), when Earth has lost 70% of its species numerous times in history from catacylmic events. Wonder how those farmers are doing in the Valley? That's compassion for you.

I say NO to any new taxation! In fact, they need to repeal thousands of pages of the tax code and live within a budget like the rest of us. Americans should DEMAND this.

If YOU want your kids to pay taxes on money that YOU earned, then send a check to the IRS.

Leave the rest of us alone.

But guys, the insurance industry gave big cash dollars to retain the current system and create the "deform" that's coming. $46 million in campaign contributions and 1.5 times that amount from hospitals, physicians and pharma.

How are you liking our privatized political system so far?

I sold my company and retired 5 years ago, and yes, I’d like to leave my remaining assets to my kids. But they should pay their fair share of taxes on it. I do not support zero taxes on inheritances that my kids did not work for. They pay gift taxes and these are no different.

I’m also one who remembers the “compassionate” part of conservatism. I support Work for Welfare and believe that nobody should get a free ride. But I also agree with the quote that “taxes are the price you pay for a democracy.” Without them we have Somalia or the wild west where they resolved issues with guns on the street. That’s not the system I want to live in.

Importantly, I will not accept corrupt politicians or corrupt CEOs who got to the top on the backs of my kids and your kids. I would not tolerate an employee taking money from outsiders and giving away corporate assets in return. And likewise I do not accept politicians who take from the masses to give to their wealthy contributors. That is not the transfer of wealth I support.

Jerry, if someone spent millions of their own money on an election, they are likely to lose to the publicly funded candidate. In the three states that have clean elections, 70% of their legislatures ran against moneyed candidates and won on the publicly funded system (AZ, MA, CT).

To be against high taxes yet for the current moneyed political system that fuels them seems a bit contradictory, but what the hell, it takes all types.

Bennet, politicians have increased the public debt because they were “paid” to increase the public debt!!! Don’t you get it? You and I want politicians to spend our money wisely, but the big campaign contributors want exactly the opposite. Who do you think is going to win?

And J.S. and Peter, campaign finance reform matters if you want to decrease the taxes needed by the politicians to satisfy their funders. The inheritance tax is just another pot. And no, when I die my kids do not pay a death tax, they pay an inheritance tax. But only on that over the first $3-4 million.

My blog is at http://moneyedpoliticians.net … with a complete disclosure in “About”

THE ANT AND THE GRASSHOPPER

OLD VERSION: The ant works hard in the withering heat all summer long, building his house and laying up supplies for the winter.

The grasshopper thinks the ant is a fool and laughs and dances and plays the summer away.

Come winter, the ant is warm and well fed.

The grasshopper has no food or shelter, so he dies out in the cold.

MORAL OF THE STORY: Be responsible for yourself

MODERN VERSION:

The ant works hard in the withering heat all summer long, building his house and laying up supplies for the winter.

The grasshopper thinks the ant is a fool and laughs and dances and plays the summer away.

Come winter, the shivering grasshopper calls a press conference and demands to know why the ant should be allowed to be warm and well fed while others are cold and starving.

CBS, NBC , PBS, CNN, and ABC show up to provide pictures of the shivering grasshopper next to a video of the ant in his comfortable home with a table filled with food. America is stunned by the sharp contrast.

How can this be, that in a country of such wealth, this poor grasshopper is allowed to suffer so?

Kermit the Frog appears on Oprah with the grasshopper and everybody cries when they sing, 'It's Not Easy Being Green.'

Acorn stages a demonstration in front of the ant 's house where the news stations film the group singing, 'We shall overcome.' Rev. Jeremiah Wright then has the group kneel down to pray to God for the grasshopper's sake.

Nancy Pelosi & Harry Reid exclaim in an interview with Larry King that the ant has gotten rich off the back of the grasshopper, and both call for an immediate tax hike on the ant to make him pay his fair share.

Finally, the EEOC drafts the Economic Equity & Anti-Grasshopper Act retroactive to the beginning of the summer.

The ant is fined for failing to hire a proportionate number of green bugs and, having nothing left to pay his retroactive taxes, his home is confiscated by the Government Green Czar.

The story ends as we see the grasshopper finishing up the last bits of the ants food while the government house he is in, which just happens to be the ant's old house, crumbles around him because he doesn't maintain it.

The ant has disappeared in the snow.

The grasshopper is found dead in a drug related incident and the house, now abandoned, is taken over by a gang of spiders who terrorize the once peaceful neighborhood.