3 ms·
Legislators are beholden to rich benefactors. Look what happened to estate tax exemption during Bush era. It went from $675k to $3.5million. http://wills.abou
by pcurve 13y ago
Legislators are beholden to rich benefactors. Look what happened to estate tax exemption during Bush era. It went from $675k to $3.5million.
http://wills.about.com/od/understandingestatetaxes/a/estatetaxchart.htm http://wills.about.com/od/understandingestatetaxes/a/estatet...
And rather than letting Bush law expire, Obama boosted the exemption to over $5 million.
This was a huge boon to wealthy class, and most people didn't even notice this crappy legislation from going into effect.
- icelancer 13y ago>Legislators are beholden to rich benefactors. I think that is ucha's subpoint, if not the main point. We cannot effectively police this kind of stuff.