Thursday, April 14, 2005

Welcome to Dickensian England

While John Bolton and Tom DeLay, two of Washington's finest, dominate the headlines, the House of Representatives has quietly tried to take the U.S. back to 19th Century England. Last night, House Republicans approved a repeal of the estate tax at a cost of $290 billion over 10 years. At a time of record deficits, this is an intriguing move especially given that many of the same people who voted to repeal the tax are talking gloom and doom about the solvency of Social Security.

The good news- wealthy heirs like Paris Hilton will have more time to make videos (you'll have to visit other websites for a link to that).

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