GOP Senator Implies Those Who Aren't Millionaires Waste Money On Booze, Women
Source: Huffington Post
Thats why the richest deserve a break on estate taxes, says Chuck Grassley.
In an astonishing defense of dropping death taxes for individual estates worth more than $5.5 million, GOP Iowa Sen. Chuck Grassley implied that people not currently affected by that tax are spending every darn penny ... on booze or women.
I think not having the estate tax recognizes the people that are investing as opposed to those that are just spending every darn penny they have, whether its on booze or women or movies, Grassley told the Des Moines Register in an interview published Saturday. Grassley, who serves on the Finance Committee, made the remark when asked about the Senate tax reform measure which would double the exemption for estates to $11 million for an individual and $22 million for a couple. Heirs would inherit the estates tax-free.
Grassleys comment triggered a wave of criticism on social media. Many complained that the working class is, in fact, spending every darn penny on raising their kids, caring for elderly parents, health care and putting food on the table. One Twitter user complained that the GOP was turning America into a version of The Hunger Games.
Read more: https://www.huffingtonpost.com/entry/grassley-estate-taxes-booze-women_us_5a247d89e4b03c44072e5a04?ncid=inblnkushpmg00000009
Chasstev365
(5,191 posts)Make this his deplorable moment!
safeinOhio
(32,725 posts)republican politicians.
SCantiGOP
(13,873 posts)I spent most of it on booze and women.
The rest I just wasted.
FakeNoose
(32,770 posts)... fallen on hard times.
Kber
(5,043 posts)And being a woman, Ive also wasted quite a bit on myself in the way of food, shelter, college education etc.
And, to my shame, I continue to waste money on my daughter. Just last year she needed braces, and being the wasteful spend thrifts we are, my husband and I got them, even though that wont improve her ability to birth babies one whit.
I suspect when she becomes of age to go to college we will continue our wasteful ways and send her.
:hangs head in shame:
Scarsdale
(9,426 posts)priorities all twisted. No good repub. wastes money on things like this. They use OTHER people's money, doncha know? This coming from the old phart Grassley. Remember Trent Lott saying that when he retired he had to "get used to paying for his own lunch. It has been YEARS since I had to buy my own lunch" No wonder these people stay long past their "sell by date" Being a representative is one big scam.
marylandblue
(12,344 posts)Putting your money in a Cayman Islands tax shelter does not.
Besides, when I spend money on my wife and daughter, it makes them happy. The booze is for me.
Initech
(100,104 posts)Bernardo de La Paz
(49,044 posts)DBoon
(22,397 posts)As though men don't spend money on wives, daughters and others they care about to keep them fed, sheltered, educated
Why is spending money on your loved ones a waste?
whathehell
(29,094 posts)although it's the "class disdain" that stands out to me -- It sounds
like something Romney would say.
Scarsdale
(9,426 posts)Check out how many of his gop cohorts are spending money to hush up their sex scandals. It is the tip of the iceberg/
Bernardo de La Paz
(49,044 posts)When the 1% get tax cuts they don't create new companies. They already have money working on all the opportunities they can find. They can't find any more opportunities.
But the little people start lots of small companies and that's where you find the innovation. Not from the safe money.
The 1% spend tax cuts on real estate and art investments, which is (pardon the expression) a circle jerk raising prices for those kind of items without increasing any productivity!
When people buy more booze, there have to be more trucks and truck drivers to move that. More farmers to grow hops and malt. More baristas to serve it. All that creates jobs and puts money in motion.
mr_lebowski
(33,643 posts)The rest is 100% correct
YOHABLO
(7,358 posts)Initech
(100,104 posts)Lifelong Protester
(8,421 posts)gay texan
(2,476 posts)Norbert
(6,041 posts)This fossil should have been 'retired' at least 20 years ago.
Scarsdale
(9,426 posts)is out of touch with reality. Spent too much time in the alt reality that is DC.
Grins
(7,231 posts)Just imagine what he says about his constituents when behind closed doors with his peers at the Republican Club!
GOPricklepants
(34 posts)The cRam of a tax bill includes a provision that cuts taxes on beer, wine, and liquor produced or imported into the country. Doesn't someone own the bigliest winery in Virginia?
roamer65
(36,747 posts)Wonder what chuckles has in HIS past.
C Moon
(12,221 posts)Come his next election term, he'll be kissing up to the middle-class voters.
Disgusting piece of lying, immoral, selfish, bigoted, gluttonous GOP trash.
iluvtennis
(19,874 posts)trying to take care of our families, housing, food, clothing, school supplies, soccer, dance classes, medical expenses, an occasional family vacation, etc.
Many of us don't have enough disposable income to invest in stocks (aside from a 401K or IRA if you're lucky enough).
I'm a divorced/now a single mom and I work my a** every week to take care of my family and make ends meet. I'm tired of people calling me/others lazy. And by the way, I'm lucky enough to be a college educated working professional, but it takes a lot to provide for a family.
blue-wave
(4,364 posts)He hates over 99% of Iowa citizens. Replace him as soon as possible with a Senator that has a big "D" next their name.
JohnnyRingo
(18,643 posts)He left out drugs though, but I'm sure it's just an oversight.
I don't plan on sobering up until we have the majority again either.
MarcA
(2,195 posts)bdtrppr6
(796 posts)i blow it all on marijuana, tacos, and lotto tickets, boom!
paleotn
(17,971 posts)This isn't the first Grassley crazy ass statement.
FakeNoose
(32,770 posts)If they did we'd see a lot less of Grassley.
renate
(13,776 posts)RKP5637
(67,112 posts)SummerSnow
(12,608 posts)whathehell
(29,094 posts)That's what he really means.
Striking in it's transparent contempt for "the little people".
Maybe the Class Warriors are feeling brave enough to drop their facades these days.
Vinca
(50,304 posts)Iahotdog
(119 posts)Javaman
(62,534 posts)just sayin'...
IronLionZion
(45,534 posts)Those are some of the best ways to enjoy life
Senator Grassley is claiming people are men; women aren't people.
PatSeg
(47,602 posts)when republicans get too much power, they get arrogant and careless. Their true feelings come to the surface and THIS is how republican politicians look at their constituents.
They don't believe in democracy, they believe in a feudal system and aristocracy.
lagomorph777
(30,613 posts)Holy crap what an asshat.
hueymahl
(2,510 posts)"I spent most of my money on whiskey, women, gambling and horses. The rest I just pissed away"
TexasBushwhacker
(20,215 posts)so I guess he includes himself among the losers.
http://members-of-congress.insidegov.com/l/81/Chuck-Grassley
"Senator Grassley has an estimated net worth of $3.76 M as of 2014, making him a fair amount wealthier than the average member of Congress and second among all members from Iowa.
Grassley's net worth was 3.5 times more than the average member of Congress and 37% more than the average senator. When compared to the Iowa Congressional Delegation, Grassley had a net worth that was 576% more than the average."
hughee99
(16,113 posts)so he's talking about the people he works with every day, like his staffers. He ought to get rid of all the womanizing drunks on his staff and hire a bunch of rich kids instead.
irisblue
(33,034 posts)When its a good month, I get to slide $ into a saving account for future bills. That $ is being invested.
That guy sucks, bigly.
senaca
(209 posts)"No country can afford to have its prosperity originated by a small controlling class. The treasury of America lies in those ambitions, those energies, that cannot be restricted to a special favored class. It depends of the inventions of unknown men (women), upon the origins of unknown men (women), upon the ambitions of unknown men (women). Every country is renewed out of the ranks of the unknown, not out of the ranks of those who are already famous, powerful and in control."
senaca
(209 posts)Hoover "The only trouble with capitalism is capitalists, they're just too damn greedy"