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14 Dec 2010 20:37

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Politics: Let the fiddling begin: Democrats want to modify tax compromise

  • left While Democrats have come to grips with most portions of the Obama tax compromise, some are staunchly against a measure that significantly lowers the estate tax (which has been on pause this year) and raises the exemption rate to a rate much higher than it was.
  • right In case you’re wondering if the GOP likes the idea of any measures in the plan changing, Mitch McConnell puts it like this: “This agreement is not subject to being reopened. In other words, we have an understanding.” Our boy Mitch is still sort of a jerk. source

09 Jun 2010 10:43

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U.S.: Rich bastards who die this year won’t have to pay the estate tax

See this dude? He died recently. And as a result of an accounting quirk by the government, his family won’t have to pay huge taxes on his $9 billion estate. source