Thomson Reuters GOP Sen. Chuck Grassley argued that getting rid of the estate tax would reward those who spend their money responsibly. Grassley, who has long argued, despite scant evidence, that the "death tax" crushes small farms and businesses, faced swift criticism on social media. Sen. Chuck Grassley argued in an interview published Sunday that getting rid of the estate tax, which applies to about 5,000 largely high-income Americans, would reward those who invest, rather than those who spend their money on "booze or women or movies." "I think not having the estate tax recognizes the people that are investing," Grassley, an Iowa Republican, told the Des Moines Register, "as opposed to those that are just spending every darn penny they have, whether it's on booze or women or movies." Grassley said that his family business, which he runs with his son and grandson in Iowa, would likely be subject to the tax if he and his wife die on the same day.
Top Gop Senator Gets Blasted After Saying Taxpayers Spend Their Money On 'booze Or Women Or Movies'
feedback@businessinsider.com (Eliza Relman), Business Insider
Mon, 12/04/2017 - 9:16am
Topics: thomson reuters gop sen chuck iowa republican told des moines register as iowa republicans tax policy center president donald trump september indianapolis darn jesse ferguson hillary clinton atlantic republican sen orrin critics senate house watch megyn kelly sen chuck sen grassley american americans iowa to republican trump trump sen hatch top taxpayers spend their money spend their money on booze money on booze or women booze or women or movies estate businesses death small farms family million argued bill rid crushing swift media people long social reward applies largely criticism millions cuts subject business liquidate tweeted income benefit couples earners
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more