J McCain is a little loopy on Obama’s estate tax plan

This is what he thinks. Thanks for the fact check, Dr. Krugman.

This is what the real deal is: Make permanent estate tax with $3.5 million exemption and 45 percent rate. 2008 Presidential Candidates’ Tax Proposals (what a handy chart this is!)

The Mayerson verdict: Anyone who is heir to an estate worth more than $3,500,000.00 can afford 45% tax on the rest of it. Go out and earn back what you paid in taxes, you spoiled jerks. It’s good for you and the economy!

Is it November yet?

This entry was posted in economics, politics. Bookmark the permalink.