Economy
Chuck Grassley attempts to defend killing the estate tax
Senator Chuck Grassley from Iowa has his heart in the right place, but his delivery often falls short. The estate tax definitely needs to be abolished, but trying to sell the idea by invoking booze, women, and movies is probably the wrong approach.
Here’s what he said earlier this month:
“I think not having the estate tax recognizes the people that are investing, as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies.”
Just because people aren’t investing doesn’t mean we’re spending every darn penny we have on booze, women, or movies. It’s time for the Senator to get his messaging fixed.
Source: The Hill
Grassley: Ending estate tax ‘recognizes people that are investing,’ not ‘spending every darn penny’
Sen. Chuck GrassleyCharles (Chuck) Ernest GrassleyGrassley blasts Democrats over unwillingness to probe Clinton GOP and Dems bitterly divided by immigration Thanks to the farm lobby, the US is stuck with a broken ethanol policy MORE (R-Iowa) said he favors repealing the estate tax, which the Senate tax-reform bill does not do, saying it “recognizes the people that are investing,” The Des Moines Register reported Saturday.
“I think not having the estate tax recognizes the people that are investing, as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies,” Grassley told the newspaper.
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