Yesterday, while watching Fox News, there was a segment about taxes and whose taxes would be higher and all that. Unfortunately I can’t remember which show it was on and I didn’t hit the record button on my TiVo remote…
One point of discussion was death or estate taxes. The Fox person asked the democrat about death taxes and the democrat said they must stay and even increase. The Fox person mentioned that money inherited is money that has already been taxed.
The democrat representative said, and I paraphrase because I can’t remember the exact quote:
We can’t allow people to accumulate wealth and then pass it to their heirs.
And there you have it, the main difference between democrats and republicans. Republicans say more power to you – accumulating wealth to pass on to your heirs. The democrats don’t want you keep your own money or give it to your own family. You can accumulate wealth, but only to give to the government so they can redistribute the wealth that you worked so hard to accumulate.