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Grassley: Poor Waste Money On ‘Booze Or Women’
Sen. Chuck Grassley (R-IA) stumped for the GOP tax plan over the weekend, saying that eliminating the estate tax provides a boon for those who invest their money. He also took the opportunity to slam the poor, saying that the reason they haven’t built up wealth worthy enough to pass on is because they waste all their money on alcohol and entertainment.
This is the way that Grassley said it to the Des Moines Register:
“I think not having the estate tax recognizes the people that are investing,” Grassley said, “as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies.”
Predictably, those comments have been met with strong opposition on social media channels by people who are fed up with the GOP having no real grasp of what life in America is like for those who live below the poverty line.
Apparently anyone who leaves less than $5.49 million to their heirs (people who don't pay the estate tax) is wasting their money on "booze or women or movies." When people in power like Chuck Grassley are this out of touch, it's time for a political revolution! https://t.co/J8dNAXk4tF
— David Schapira (@dschapira) December 4, 2017
Grassley is trying to peddle the theory that the U.S. has to eliminate the estate tax because it punishes small business owners and farmers who want to leave their operations to family when they die. According to POLITICO, however, it’s rare that anyone even has to pay the tax.
Republicans have long attacked the estate tax, often referring to it as the “death tax,” and their various tax plans would greatly scale it back or eliminate it. The tax is based on the transfer of property when someone dies, if an estate exceeds a certain amount. The Des Moines Register report determined that few family farmers or small business owners end up having to pay the estate tax and those who do pay are rarely forced to sell their land or quit farming.
This is just another part of the GOP tax plan’s efforts to redistribute wealth from the bottom to the top. Grassley’s comments only serve to illuminate the Republican party’s longstanding contempt for the poor in America.