How is getting rid of the Estate Tax going to help the economy?

Newt Gingrich plans to eliminate the capital gains tax, estate tax, and cut the corporate tax rate. Cutting revenue will not help the deficit or the economy. Saran - That's the worst argument I've ever heard. Obama is president, he doesn't want to get rid of the estate tax, so does that automatically mean that you shouldn't question Obama? smsmith500 -Clinton surplus.

Asked By: - 12/13/2011
Best Answer - Chosen by Asker
How is taking half of someones life's work after they die RIGHT in any way? In no way is the Government Entitled to 1 penny of someones savings and assets that they already paid Income Tax, Sales Tax, etc etc and saved for the future of their family... More
Answered By: The Solution - 12/13/2011
Additional Answers (15)
This is one of the reasons I can't be a true democrat. You people even want to slam people with taxes when they die. It's like a drug addict, all you think about is where to get your next tax fix...which you promptly spend and need more.
Answered By: The Libertarian - 12/13/2011
Cue the BS "job creators" meme.
Answered By: Liz - 12/13/2011
well... More
Answered By: Ding fries are done. - 12/13/2011
Newt knows who the bosses are and he will do anything to make them happy
Answered By: JOE - 12/13/2011
Keeping it won't help the economy either. .
Answered By: Abraham Lincoln - 12/13/2011
Eliminating the estate tax will not help the economy, if that was the only thing you cut. It will however help small businesses. If Obama hadn't extended the Bush tax Cuts last yr, my grandmother would have had to sell my recently deceased granfather's business, due to the increase of the estate tax.
Answered By: Lady Laissez Faire - 12/13/2011
Let me get this Straight you work your whole life to get what you have. You pay tax on ever thing you earned, and owned for a number of years, now you want the government to take it when you pass on that not fair to you or your children or who ever you want to leave it to. Cutting capital gains, and corporate taxes... More
Answered By: wtinc - 12/13/2011
Any money withheld from the Federal government is money better allocated towards real, sustainable demand. Also, there is the moral angle where you allow people (or estates) who worked for their money to keep the money they earned. Ask not how your welfare state can end you. Ask how you can end your welfare state.
Answered By: WJ - 12/13/2011
Since when did increasing revenue to the government help either the deficit or the economy. When you give more money to this administration they are not using it to pay down the deficit. Why is it that if i want to pass on the fruits of my labor to my children, the government somehow thinks they deserve a share. If i... More
Answered By: smsmith500 - 12/13/2011
the deficit is government caused false yeshua,yanking $$$$$ from kmart workers,3 man plumbing businesses,most corporations are small 3 man outfits who are more able to sell or buy a house,,ditto a big property developer who wants to build a new home depot
Answered By: occupy yahoo - 12/13/2011
Because I beleive this man knows just a little more about these things than you do. Otherwise you would be sitting there and not here.
Answered By: Saran - 12/13/2011
If son or daughter inherits a farm and the IRS takes 50% of its value in taxes and the family can't afford to keep it, is Obama going to pull the plow? He better because inheritance tax takes businesses and gives them to the Federal Government. But we can go to MacDonald's right?
Answered By: Brace 4 Impact - 12/13/2011
Well due to increased corporate tax rates and unstable and unpredictable legislation out of Washington Steve Wynn (a casino mogul who owns the Wynn) and other numerous properties around the world. Has moved his corporate head quarters to I believe Macao... More
Answered By: James Smith - 12/13/2011
Sadly people don't understand why the Democrats are upset about the estate tax deal. most are attorneys and rich, but they know that for a few bucks say 10-20 thousand a year the law firms adn certified accountants can turn ten million into less than a million. They do it and so do the Republicans and anyone with... More
Answered By: R J - 12/13/2011
Who,s economy soppier reach NWO puppeteer?
Answered By: Joseph S - 12/14/2011
Sponsored results
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Local Positions Open in Your Area. Hiring Now - Apply Today!
Click. Search. Apply. Free!
Get Your Degree Online Sooner than You Think. Financial Aid Options

Other Career Questions

What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
3 answers - Asked By: drop pants not bombs!.♥ - 3/2/2010
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
4 answers - Asked By: bayebd24【ツ】 - 11/21/2007
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
1 answers - Asked By: roseparkerly - 1/26/2009

Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.

Popular Articles

Best-Paying Work-from-Home Jobs Article Rating
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook Article Rating
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.1.40.24-314