A sad day for Paris Hilton.
By on Jun 8th, 2006 at 5:19 pm
A sad day for Paris Hilton.
A bill to repeal the estate tax on the ultra-rich was just defeated in the Senate. “The vote was a big defeat both for President Bush and for Senate Republican leaders, who had framed their opposition to what they called the ‘death tax’ as a popular and even populist crusade.”
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What will she do now?
I mean with those massive 95% taxes on inherited wealth she might have to go out and work for a living.
What do you mean that the maximum rate is 46% and the first $2,000,000 is excluded? are you sure?
Z.
June 8th, 2006 at 5:25 pmHas the information I used above BTW
Z.
June 8th, 2006 at 5:26 pmThat is a miracle if the Senate truely defeated a tax cut for the super wealthy > first time in 6 years for this to happen!
June 8th, 2006 at 5:33 pmThat’s too bad. I know Cheney was hoping to get this one through before his ticker gives out.
June 8th, 2006 at 5:47 pmGWB must be taking this hard. So sad…not.
June 8th, 2006 at 5:47 pmI’m playing the world’s smallest violin for the Waltons(Wal-Mart), and Paris Hilton families. LET THEM WORK FOR A LIVING LIKE I DO!!!!!!!!
June 8th, 2006 at 5:47 pmI once read a comment from Paris Hilton that she gets around $-90,000-100,000 just to show up at certain parties and more when the party is in Japan. That means she earns a million dollars just for going to 10-12 parties in a year. So, no, she still won’t have to do real work.
June 8th, 2006 at 5:56 pmBut I can’t understand who would pay her so much just to show up at a party. I don’t find her at all pretty.
Neo-cons and neo-libs seem to be pushing for a neo-aristocracy. The working people might just as well get flushed as I have seen nothing by either party that shows that they are listening to anyone except the K street revolving door. The only answer to this problem is to eliminate the privately owned and operated Federal Reserve banks that skim money off the top and print the dollar into oblivion, as well as unlist the corporation as a person as it just plain isn’t and has no right to speak as all it does is give those at the top an extensive amount of power to move what used to be a representative republic of the people. The Fed is constitutionally illegal as the government is only allowed to print money. Corporations are not people and should not be allowed to peddle influence. Behind one vote should be one real person, not some enterprise with unlimited funds.
There is nothing conservative about neocons and nothing liberal about the neolibs. They are all working to turn this country into a new world corporatist empire while making up the rules as they go. That is something that everyone should fight against.
June 8th, 2006 at 5:57 pmAnyone have a list of who voted in what way?
I called Lugar from Indiana and voiced my complaint… I am just wondering which way he went … from what I have seen of him this past 6 years I just might have to stop voting for him.
June 8th, 2006 at 5:59 pmA “rare moment of sanity” or something to that effect according to Kos. Unfortunately all too rare.
June 8th, 2006 at 6:21 pm“The transmission from generation to generation of vast fortunes by will, inheritance, or gift is not consistent with the ideals and sentiments of the American people.” — Franklin D. Roosevelt
June 8th, 2006 at 6:24 pmPardon my misquote in 10 - C&L attributed it to Atrios. The trolls have polluted my brain today.
June 8th, 2006 at 6:25 pmAs Thurston Howell III would say ” Good Heavans” great news and a non restricted link from the NY Times to boot! There is light at the end of the tunnel, not quite sure if it’s the head light of an on coming train or not.
June 8th, 2006 at 6:35 pmguess she’ll have to continue hawking her amateur porn…
June 8th, 2006 at 7:18 pmim amazed, but it is close enough to november for these bloated crooks to notice that everyone is watching.
June 8th, 2006 at 7:39 pmI can hardly believe it. What’s pretty sad is that I’m surprised by this. Being happy because our august Senate voted down an irresponsible, illogical repeal.
June 8th, 2006 at 7:43 pmHilton is so ugly I would pay her to stay away from my party.
Hell fire, I have crawled over better looking stuff that that to get to a good piece.
June 8th, 2006 at 8:29 pmYeah it’s disgusting that we’re surprised by this. This only happened because of November. No politician wants to be associated with a bill named for Paris Hilton
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June 8th, 2006 at 8:41 pmWha..Wha…What!?! Can’t wait till tommorrow and how the Dems will be blamed for this. To me any thing that passes along party lines is not good in my opinion. That means that no discussion and dialog was exercised.
June 8th, 2006 at 8:56 pmThe movie sucked.
June 8th, 2006 at 9:13 pmYOu know what would be wonderful? If the MSM actually had Paris Hilton on to ask her how she felt about the failure of this repeal.
Having her on the air, on the news, bitching and whining about this would seal the fate of this repeal EVER taking place.
June 8th, 2006 at 10:02 pmYes, yes, yes, yes, yes! Way to go Democrats!!!!!!!!!!!!!!!!!!!!!!! Wooohoooo!!!!
June 8th, 2006 at 11:37 pmAny bill to repeal taxes is a good thing. They will just waste the money anyway.
June 9th, 2006 at 12:00 amI just might burn my flag tomorrow, in full view of my neighbors, in my front yard as a protest about what’s going wrong with this country these days and where the focus presently is in Washington. To waste time about gay marriage, more tax cuts for the ultra rich, what’s left: Flag burning? It’s time to force the issue and make Congress face the problems in this country. Gay marriage, tax cuts and flag burning is NOT what’s keeping me up at night. What’s keeping me up at night is the deficit that’s so huge I can’t comprehend the figure (nor can my kids), impending WWIII, Iraq, and the total lack of sanity in Washington.
June 9th, 2006 at 2:05 amYay! At least one tiny victory…
June 9th, 2006 at 2:16 amA sad day for Paris would be if she couldn’t find any D batteries.
June 9th, 2006 at 7:19 amAny bill to repeal taxes is a good thing. They will just waste the money anyway.
Comment by Publius — June 9, 2006 @ 12:00 am
My guess is that this tax would never hit you or many of the people on these boards, sorry I have no misgivings about taxing these mega rich dynasties.
June 9th, 2006 at 8:15 amThe way I think about this tax is to compare it to the lottery. If you are lucky enough to win the lottery you get a mega hit of taxes and walk away with probably less than 60 percent of your “winnings”. If you are lucky enough to be born to a gazzilionaire then you hit the lottery too. Rightfully so you should be taxed when you are given your “winnings”.
June 9th, 2006 at 8:42 am#9 If you go to this link (http://thomas.loc.gov/home/rollcallvotes.html) then drill down using the relevant links, you can see how any Senator or Representative voted on any issue.
June 9th, 2006 at 10:23 amThe very wealthy have always had ways to shield their fortunes from the estate tax - family trusts, etc. Those without the knowledge or ability to seek good legal and accounting advice may be subject to some tax. Those in favor of repeal who always talk about the poor farmer who will have to sell the family farm to pay the taxes have never been able to produce one of these individuals at a media event. Safeguards in these cases can be built in without billionaires and the VERY wealthy getting off the hook. Same with the alternative minimum tax - raise the thresholds instead of repealing the taxes, which then benefits those that don’t need relief and just further drains the treasury (or as fine Americans like Grover Norquist would say, “Shrink the government to the point that you can put it in a bathtub and drown it”).
June 9th, 2006 at 11:10 amIf everyone is so concerned about our deficit, why don’t we demand that our congress and the president start cutting domestic spending. I say for starters, cut every single domestic program by 40%. That should help a little. At that point, large tax cuts for business should help spur new growth that will in turn at much needed tax money from our economy.
June 9th, 2006 at 2:14 pm