Monday, June 06, 2005

more malarky from the majority of misfits in congress

The American Family Business Institute and Free Enterprise Fund launched a TV and radio ad campaign May 10 that targets potential swing votes in the Senate for full repeal of the estate tax. The group said it will run different versions of the 30-second and 60-second ads in Montana, South Dakota, North Dakota, Maine, Arkansas, Louisiana, Nevada and New York as part of a $15 million campaign leading up to a Senate vote expected before the August recess.


Contrary to ad's claim that "your family" might be crippled, the vast majority of families actually are not affected by the estate tax. In fact, less than 3 percent of deceased adults in 2002 had estates subject to the tax, according to the nonpartisan Urban-Brookings Tax Policy Center and figures from the IRS.


One ad claims the federal estate tax "can bury your family in crippling tax bills," which is untrue for nearly all of those who will see the ad, including the large majority of farm and business owners. Both ads claim the estate tax is a "double tax," which is only partly true, and mostly false when it comes to very wealthy families.
in short? THEY LIED.

and why did they lie? BECAISE HYPOCRITES LIE.

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