GOP Senator suggests that Americans who do not invest waste & # 39; Every Darn Penny & # 39; in & # 39; Booze or Women & # 39; – tech2.org

GOP Senator suggests that Americans who do not invest waste & # 39; Every Darn Penny & # 39; in & # 39; Booze or Women & # 39;



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While debating the future of medical care, the former Republican congressman Jason Chaffetz made the impressive claim that Americans may have to choose between investing in "that new iPhone" or being able to afford insurance of health, and It seems that GOP Senator Chuck Grbadley took a page from the book of the former legislator to justify a repeal of the death tax.

In the midst of defending their support to repeal the estate tax, which is a 40 percent burden imposed by the government the estate of a deceased person – Grbadley made the claim that people who are not investing their money in They are actually wasting everything on "alcohol or women or movies".

According to Des Moines Register Grbadley said that a revocation of the estate tax would help "the people who are investing."

As for the people who are not "investing," Grbadley criticized them for spending "every damn penny" on useless things. "I think not having the estate tax recognizes the people who are investing, as opposed to those who are spending every penny they have, whether it's alcohol or women or movies," Grbadley said.

40 percent of the death tax has been considered as one of the main problems in reconciling the two different tax bills in Congress. On the House side, lawmakers have proposed that the tax be completely eliminated by 2024, while the Senate wants to keep the death tax with the warning that up to $ 11 million is labeled as tax-free, which is twice the cost Currently, it remains standing.

When the Republican legislator turned Fox News commentator Chaffetz said: "Americans have options," and in Grbadley's opinion, the choice that most Americans are making is to spend all their money on prostitutes and Jack Daniels instead of spending responsible investors.

[ image via screengrab ]

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