Tuesday, September 20, 2005

Using Katrina to Kill the "Death" Tax

Senators Jeff Sessions (R-AL) and Jon Kyl (R-AZ) are looking for a rich, dead body.

If they can just find one dead, rich person killed in Hurricane Katrina, they plan to use the corpse as an example of why Congress should repeal the estate tax -- or the "death tax" as it's opponents call it.

TIME reports Sen Sessions left a voice message on a law professor's phone:

"Jon Kyl and I were talking about the estate tax. If we knew anybody that owned a business that lost life in the storm, that would be something we could push back with." -- Sen Jeff Sessions (R-AL)

The guy who got the message -- Harold Apolinsky -- is an estate tax opponent. He rounded up the American Family Business Institute -- also opponents. They've been combing the aftermath, morgues, hospitals, obits and such -- looking for a dead rich guy who's family would have to pay an estate tax because of his death.

The tax afffects only a small number of people, and you have to have quite a bit of money to qualify. Most people with money could afford to get out of the storm's way.

So far -- none of the dead would have qualified for the "death tax."

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