Wednesday, April 22, 2015

Jan Schakowsky : You Have No Right to An Inheritance More Than $10.8 Milllion . Illinois Representative Attacks Paris Hilton For Being Wealthy

Representative Jan Schakowksy attacks the concept of inheriting large wealth , in this speech :
And speaking of inheritance, last Thursday the Republican majority house voted to eliminate the estate tax altogether. Understand that you can already pass on to your children $5.4 million or $10.8 million as a couple. But now they wanted to do more for 5,500 estates by scrapping any tax. Doing that will cost the treasury $259 billion over 10 years. Remember, this is money passed on to the likes of Paris Hilton and her bratty brother who did not work even one single hour to earn it. And this tax cut is part of a $1Trillion tax cut, almost all for the wealthiest, over 10 years, unpaid for, adding to the debt.
Remember, Comrade Schakowsky spends her free time with America's largest socialist organization. Has Comrade Schakowsky ever tried to appeal her Cook County property tax bill on her Evanston home ?