Lack of Estate Tax in 2010: Now Cheaper to Die? – Others are picking up on what I predicted back in 2001; that unless the law is changed, there will be a lot of mysterious deaths in 2010 as some heirs become overly aggressive in their desire to avoid the Death Tax.
Life insurers lobby to save the death tax – Another example of “follow the money.” As if the insurance companies don’t already have enough bad press. They are openly supporting the Marxist grave robbery as a means of making money selling insurance policies to offset those same taxes.
Insurance companies love the death tax...
Many people wonder why supposed capitalists, such as Warren Buffett, are fighting so hard against the attempts to repeal the Estate (aka Death, Inheritance) tax. It isn’t just their obvious love of Marxism; but good old fashioned personal greed. Insurance companies, such as those owned by Mr. Buffett, make a fortune by selling policies to cover estate taxes. No more estate taxes would dry that cash cow up in a hurry.
There is some good coverage of this topic on National Review Online:
Thanks to David Freddoso at The Corner for this info.