Democrats - the gift that keeps on giving!
... heirs who now inherit - they haven't done this on their own, they haven't worked hard - that's a pure gift to someone who was lucky enough to be related to some one or very friendly with some one who's left you the money - so by your own justification that would not apply to the estate tax
Representative, Massachusetts - Democrat
I don't understand him - he is from a working class family ... his father ran a truck stop or something. Barney Frank had to drop out of Harvard to help the family when his father passed .... ooooooohhhhhhh.
But I would think that this would put him on the side of the common folk .... or at least those who figured out a way to save for their kids and grandkids so that they will have an easier time at life.
Of course this is the same man that said:
"These two entities...are not facing any kind of financial crisis.... The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing"He was talking in 2009 about Fannie Mae & Freddy Mac - you know those two mortgage companies who are blamed for the crash of the housing market?? And it was about Bush trying to set up a department within the Treasury department to keep a closer eye on them and find out what the heck was going on.
of course you have to remember that his lover/boyfriend/partner/SO (don't know what term he was using) at the time, was working for Fannie Mae during the 90's!
hmmm. No conflict of interest there.
he doesn't have any kids either ... no one to leave his $900,000 estate too (at least that's the estimate) ... except for his current partner - who I've only ever referred to as a 'surfing ethusiest' ... in my part of the country we call those 'beach bum boy toys'.