tag:blogger.com,1999:blog-2555123713188257297.post5078447276333147836..comments2023-12-14T21:55:11.213-05:00Comments on Mitchell Langbert's Blog: Letter to Chuck Schumer Re Death TaxMitchell Langberthttp://www.blogger.com/profile/00722335216553899790noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2555123713188257297.post-51125531525362848362008-08-05T11:26:00.000-04:002008-08-05T11:26:00.000-04:00Hey Barry, thanks for your comment, but I'd apprec...Hey Barry, thanks for your comment, but I'd appreciate it if you did not call me moron. Can we not disagree without insult? I have noticed that the left becomes more insulting as it becomes less informed.<BR/><BR/>If the death tax prevents concentration of wealth, why have the Ochs Sulzbergers continued enjoy the fruits of the most extreme version of concentration of wealth? As well, the Rockefellers and the Goulds have not paid the death tax. The super-rich, where concentration of wealth occurs, have avoided it through family trusts which Chuck Schumer and his fellow Democrats have always avoided taxing. <BR/><BR/>Family businesses may take several generations to build. Examples include Johnson and Johnson, which was founded during the Civil War but did not become a very large firm until the 1940s and IBM. By taxing inheritance, today's super-rich, such as the Ochs Sulzbergers, inhibit the rise of large firms, newspapers and the like that might compete with their firms. Thus, the inheritance tax encourages the freezing of wealth concentration among today's elite, which is why the Democrats favor it. Eliminating the death tax would enhance competition and reduced concentration by allowing competitive firms to grow over several generationsMitchell Langberthttps://www.blogger.com/profile/00722335216553899790noreply@blogger.comtag:blogger.com,1999:blog-2555123713188257297.post-75059026728378336892008-08-05T10:01:00.000-04:002008-08-05T10:01:00.000-04:00Dear Moron,You of course know that there is no "de...Dear Moron,<BR/>You of course know that there is no "death tax". You can die for free. Middle class people do it every day. There is however a tax on huge unearned inherited wealth - it has gone a long way towards preventing the kind of concentration of wealth in the hands of a very few that so devastates nations in Asia and the Middle East.<BR/>I can understand why you don't like the NY Times. They are not mindless cheerleaders for the authoritarian rich.<BR/><BR/>Barry NolanAnonymoushttps://www.blogger.com/profile/12738320782605690801noreply@blogger.com