Wednesday, July 27, 2005


Sob stories mask a giveaway for the super wealthy

When, a non-partisan watchdog group, questions the accuracy of a political advertisement, it normally does so in dry language. It might call an ad "misleading," or even "inaccurate."

But when Factcheck focused on ads by an anti-estate tax group, the American Family Business Institute, it opted for more colorful prose, calling them "malarkey."

The word choice is a play on the name of the ad's narrator, World War II veteran Donald Malarkey. But it's also a dig at the ads' contents, which make it sound as if it's no longer safe to pass away. "When you die," one ad warns, "the IRS can bury your family in crippling tax bills. It can cost them everything."

What it doesn't say is that the vast majority of people listening won't even be taxed when they die. Nor does it say that most estate taxes are paid by the very wealthy.

Read the entire account

1 comment:

Karlo said...

But you've got to feel sorry for those poor rich folk, with the price of caviar going through the roof and all.