The GOP is routinely tagged as business friendly & the Democrats as for the little guy - the working man.
The GOP says they believe in lower taxes & the dems think they are the Robin Hood Party and believe in a redistribution of the wealth - take from the rich & give to the poor.
Sometimes people don't practice what they preach...
Former Ohio Senator Howard Metzenbaum, who died in March at age 90, was an ultraliberal as a politician but also a savvy and very rich businessman. Before going to Washington in 1976, he had made a fortune on parking lots.Spend your whole life screaming about the corporate bad guys & Republicans and then act just like 'em.
As a three-term Democrat, he made his reputation in Washington by attacking big business and fighting anything that even hinted of deregulation. His attacks against Clarence Thomas in 1991 prompted a famous retort from the future Supreme Court Justice: "God is my judge, Mr. Metzenbaum, not you."
But we come today not to judge the late Senator, only to praise him for one last act of
personal financial acumen. Though a lifelong Ohioan, the Senator moved to Florida in 2002, according to a declaration of domicile filed with the Broward County Clerk's office in 2003. In doing so, he avoided paying his home state's income tax (top rate:
6.55%).
More important as he neared the end of his life, the former Senator also saved his family from paying Ohio's death tax, which features one of the highest state rates (7%) and lowest asset thresholds – $338,333 – in the country. Florida famously has no income or estate tax, which is one reason other than the climate that it is home to so many northern-born retirees.
Howard Metzenbaum thus denied the state in which he lived most of his life a parting financial gift. But he has at least provided the rest of us with a teaching moment in tax policy. If a liberal lion like Metzenbaum is willing to relocate late in life to avoid his state's death tax, maybe living politicians in Ohio will better understand how their confiscatory tax laws are driving its citizens to warmer climes. (WSJ 5/03/08 Pg. A10)
And who said democrats were hypocrites?
Come on King, next thing you'll tell us is a crusading OH Dem AG who was going to clean up Republican corruption is himself corrupt. Not sure were you guys come up with this stuff. ;)
ReplyDeleteI dont know why I am kind of surprised by this - but I am.
ReplyDeleteI guess those taxes are only good for certian people.
Come on Jack!!! WHat is your problem - please tell me WHY something is wrong just because the AG office had someone driving a state vehicle drunk - several times!
ReplyDeleteThis was an investigative technique to see the varying effects of driving a regular automobile and a SUV. DUH!
And please explain how it shames the AG office by having Dann and his middle age buddies use their position of influence on underlings so they can score?
I guess you are trying to imply by Dann having his twenty-something scheduler run around in PJ's while his wife and kids are at home - is wrong?
I don't see anything wrong with raising everyone's taxes...then using all my money to avoid paying my fair share. I envy the hedge fund manager who pays a lower effective tax rate than HIS secretary.
ReplyDeleteNothing wrong with this behavior...as for that fella, the young girl, pajamas and the pizza...you guys need to lighten up. He is still providing high quality legal work and taking management classes. Who cares. Its not like he is flashing your children homemade porn that made with constituents while his wife and kids are home...what a perv that would be.
and our guy got into trouble just for having a "wide stance." what gives? they're entertaining though, aren't they?
ReplyDeleteWow! some choice -
ReplyDeleteA gay bathroom pervert or a far left wing liberal loon that moved to Floriduh - I would rather eat an ounce of lead!