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Originally Posted by shinerbock
Back to the sub-argument about minimum wage, the 2 dollar minimum wage hike failed in the Senate.
Unfortunately though, so did reductions to the death (estate) tax...
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I'd be all for any kind of tax cut as long as we could figure out first where we were going to cut the spending to pay for the tax cut. As it stands, the estate tax was only going to affect estates valued at over 2 million dollars. I know that the rich share a disproportionate amount of the tax burden, and I strongly believe that they should be the first to receive tax cuts, but before we cut taxes anywhere, we need to find some federal spending to cut at the same time.
An 8.5 trillion dollar deficit is going to catch up with us one of these days.