Rather than cutting benefits or raising the age of retirement or increasing Social Security taxes, I propose a simpler solution: earmark the estate tax to Social Security. Don’t repeal the estate tax; use it to fill the future gap in the Social Security trust fund.
Trump must go
From Wealth and Our Commonwealth, Why America Should Tax Accumulated Fortunes by William H. Gates, Sr. and Chuck Collins published in 2002. Andrew Carnegie was the wealthiest American of his era until he was supplanted by John D. Rockefeller.
“On the matter of estate taxes, Carnegie said,
‘Of all forms of taxation this seems the wisest. Men who continue hoarding great sums all their lives, the proper use of which for public ends would work good to the community from which it chiefly came, should be made to feel that the community, in the form of the State, cannot thus be deprived of its proper share. By taxing estates heavily at death the State marks its condemnation of the selfish millionaire’s unworthy life.'”
It was Carnegie’s belief that accumulated wealth should be donated to charity during the owner’s life, not afterward.
Instead of cutting taxes for the wealthy, the so-called job creators, the US tax code should be revised to reduce income inequality. Only when the real job creators, the poor and the middle class, have sufficient income to purchase American-made goods and services will our economy grow more rapidly. It is income inequality that is slowing our economy now and in the recent past.
Eating bison/buffalo meat is good for you and good for the environment. Bison meat has less fat and requires careful cooking so that it is not overcooked and thereby made tough. It is good for the environment because bison hooves aerate the soil and bison movement spreads their body waste while cattle tend to trample the earth and concentrate body waste. Bison is more expensive than beef because the demand is not there yet and excess product is being stored awaiting increased demand.
Our favorite local grocery has recently expanded their line of bison products. I recently purchased four medium sausages at $10 or $2.50 per sausage. Two sausages made a meal for one person. I grilled the sausages in the casings and they were a bit tough. Then I asked my wife to cook the remaining two in a sauce pan after removing the casings and they were delicious. The best burger I have ever eaten was on a bison burger plate with fries at a restaurant in Zion National Park and priced at $13.
Bison are wild animals and their meat does not contain the added chemicals found in beef. Bison meat is denser than beef and thus it is more filling allowing the consumption of smaller portions. I order some of my bison from www.nebraskabison.com They have been a reliable supplier so far.