Sen. Chuck Grassley, thinks you spend your money on booze, women, and movies
“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.”
For starters, if you are working two jobs trying to make ends meet, chances are you aren't spending your money on booze, women, or movies, but are spending that money on bills, taxes, and more bills. You may go out on occasion because you have to let off some steam after working 60 to 80 hour weeks, spending half the night trying to figure out which bill you are going to pay and which one you can let slide, otherwise you'll lose your mind. Grassey did work for his money, as a farmer, but also in factories. But he has also been in politics since he was 26 years old. He is 84 years old, will be 85 in January. Times are different today than they were when ol' Chuck had to work to make a living as a farmer or factory worker. But I really cannot understand how he can think saying that was okay.
Oh, but he tries to explain how it was taken out of context: "My point regarding the estate tax, which has been taken out of context, is that the government shouldn't seize the fruits of someone's lifetime of labor after they die," Iowa Sen. Chuck Grassley said in a statement. "The question is one of basic fairness, and working to create a tax code that doesn't penalize frugality, saving and investment."
Okay, I can get behind that explanation and actually agree with it. But that is NOT what he originally said, and there is no way to get from "as opposed to those that are just spending every darn penny they have, whether it's on booze or women or movies" to "the government should seize the fruits of someone's lifetime labor after they die."