Video: A Tax Day moment with Teddy Kennedy
Cross-posted at Hot Air
Hot Air TV and YAF’s Jason Mattera teamed up for another joint video production. Jason afflicts the comfortable with a question for Teddy Kennedy about his estate tax avoidance strategies. Enjoy:
Posted in: Ted Kennedy
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Categories: Ted Kennedy
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I really thought everyone would get the reference, and for that I apologize. It is dangerous to assume. And FWIW, I don’t think its a military movie. Its a procedural drama set against a military background.
But OT…wait what is the topic?
Teddy? I know all about his past and it makes me very angry when the rich and powerful receive special treatment, whether it is avoiding a DD and manslaughter charge or avoiding the draft. He should have faced trial.
The estate tax? Well, my practice is probably about 20% estate tax issues (i.e., helping our clients avoid it). As a liberal I am supposed to love it. But I really can’t get too worked up about it, both from a practical and philosophical perspective. Philosophically, it is unseemly to not allow parents to pass on what they rightfully earned. And from a practical perspective, what the government receives from it is a drop in the bucket.
emjem,
Me luv’s ya too. What are you talkin ’bout?
All of the money in the Kennedy trust funds originated from the proceeds of rum and whiskey sales to Al Capone during prohibition.
The next time Jason Mattera gets a chance of asking one of the Kennedy’s about their ill gotten wealth, he should ask if they ever paid their fair share on the money Joe earned smuggling alcohol to Al Capone.
I really don’t understand how this man gets re-elected every 6 years. While he did not fact justice for his little drive off the bridge on earth, perhaps Mary Jo will be there to greet him at the gates of wherever it is he’s going to.
If the liberals want to pay more in taxes why don’t they pony up and send a big fat check to the government today? I mean, we stand to lose quite a bit when the Bush tax cuts expire with our kiddie deductions but the liberals will be happy that we have to suffer I guess. If they’re miserable they want us all to be miserable.
Chap, has it occurred to you that there are a lot of military people who think “A Few Good Men” while an interesting court case drama is basically a slap at the military? You have the buffonish Jack Nicholson making his little speech but in the end he’s what most liberals view as the heart and soul of the military-killers who have no regard for anyone-see Rockfeller-D-WV, people who can’t adjust in society unless of course you’re in the JAG or Medical Corps. But Tom Cruise was in that as well so for some people that’s all that was necessary except he was missing the flight suit.
As for Dakine-your Hawaii riffs are really annoying and I doubt anyone who hasn’t spent considerable time there or who lives there gets it. Got that bruddah?
While most politicians make me nauseous Ted truly makes me reach for the Compazine. I just dont know how some folks can live with themselves?
Should say “face justice”-sorry.
Chapaquidick Kennedy learned from a master on avoiding taxes…his bootlegger father. He has lots of lawyers who find these loopholes to dodge the taxes; ordinary people can’t afford them. If IGM wants to get rid of the tax cuts, may I suggest he help the bill in Congress now, putting a checkbox on the 1040s…allowing voluntary tax payments to the government. What many people don’t understand is that once the tax cuts are gone, everyone pays (except those who don’t pay in the first place). They say it’s “tax cuts for the rich” hoping you imagine limos and mansions. No…wrong! If you earn enough to pay taxes every April 15th…welcome to the world of the “democrat rich”! I know one thing for a fact, Old Ted was heading quickly back to his office for a double after that “interview”.
Thanks terrig. As for you, well, I just find you annoying in general.
Dakine-right back at you! Punahou snobbery really does rule doesn’t it? Aloha.
This mans hypocrisy operates at a level seldom attained by a mere mortal.
Kennedy’s answer: Taxes are for the little guy, I’m rich, you are not, I’m special you are not, I’m a crooked, ahem, I didn’t mean to say that, anyway I’m a politician and you are little people, now get back to work and stop your complaining.
The top 4 wealthiest Senators are all Dems. Teddy Kennedy is in 8th place. So much for those rich republicans.
Hey lgm, here’s the source.
As far as chap and dakine, all of our new members can now see what we grow here at the troll farm. To paraphrase Ryan Reynolds in Van Wilder, arguing with trolls is like rocking in a rocking chair, it gives you something to do, but doesn’t get you anywhere. Basically, our trolls are as smart as a block of wood. We try to reason with them, but we might as well be explaining quantum physics to a pig.
I wish I could share the same tax burden of the Kennedy family. My wife and I have worked hard all our life and were rewarded with the 25% tax rate this year. Last year we earned a nice big refund this year we paid, so more of my Air Force retirement pay goes to the IRS again. If my father was in the same business as the Kennedy family and Al Capone I guess I could be living high on the hog on tax shelters too. Fair share my shine white butt!
To be fair to Ted, he seems to have spent his life trying to destroy any evidence of bootlegging lying around…
On-my-soap-box said (#39):
MM tries to make liberals/Democrats look bad by posting something bad they’ve done (being generous here. Many of the claims are false or misleading.) Often as not, whatever bad thing the lib/Dems are supposed to have done, con/Reps do it worse. Who has more dirty Congressmen? Who does more pork barrel spending? And, in this thread, who uses the most tax loopholes.
Another MM tactic. Liberal disapproval of con/Reps is hatred. We also hate America, Christians, our mothers, and apple pie.
Being a loyal American does not mean deferring to the President. Con/Reps did not defer to Bill Clinton.
Our hostess wants lively discussion. I criticize (as above) but don’t insult her. I don’t comment on her looks or ethnicity or profession. Many posters here do those things to me.
Not too aware of current events, I see.
Oh right! Vast Right Wing Conspiracy!
Concerned Citizen said (#107):
From that “source”:
Whoever posted it doesn’t keep up with politics.
The socialist tax-and-spenders simply give us the finger.
We will never have the chance to approach the wealth that they enjoy – never.
I define as “rich” those who can continue in the “lifestyle to which they are accustomed” without having to work a minute a week.
How many of us at this blog can do that?
Sure they’ll raise taxes; it means absolutely nothing to them, except the purchase of more votes and political power.
Their attitude to the rest of us, regarding wealth and passing whatever we’ve earned on to our children, is “We’ve got ours…screw you!”
This should be made a big issue in the campaign, no?
How dare he question his betters like that! Doesn’t he know that Teddy is the champion of the little guy?
[/sarc = off]
“From that “source”:
5 Lincoln D. Chafee (R-RI)
11 Bill Frist (R-Tenn)
Whoever posted it doesn’t keep up with politics.”
Oh, man!
It’s too easy, and irresistible.
For the newbies, here’s a great example of what some of the other vets have been describing to you.
The two Senators on that list are Republicans, with an “R”.
So, unless they were replaced by other Republicans at least as rich as they were, logic would suggest – nay, indicate – that even MORE of the top 10 (or 11, pace Spinal Tap) richest Senators would be socialists.
Sort of remionds one of the Mary Tyler Moore episode where Ted Baxter, while talking to his boss, Lou Grant, is ridiculing the idea of a 19-year-old cub reporter.
Lou Grant:
“I was a cub reporter at 17, Ted!”
Ted Baxter:
“Well, sure, Lou. At 17, but not 19!”
Priceless!!
…reminds…
Apologies.
Just don’t tax his liquor
What a story!
Exactly how does that make the top 4 any less rich or any less Democrat?
Please note the attempt to change the subject. If you spent as much time reading and comprehending what we write here instead of trying to refute it, change the subject, and put down others, you might actually see that we’re right.
It is about time someone ask these super rich Dems about their estate tax avoidance. He was grandfathered in when the tax was passed in congress and has avoided it. I think the government needs to take about 90% of his trust fund
CC, nice advice to lgm, but I fear it’s like water off a duck.
On April 15th, 2008 at 7:27 pm, lgm said:
lgm back to show the newbies how a troll responds. You can see he has his facts up-side-down and bass ackwards – as usual.
Pork king of the last century? Murtha (D) – idiot. Who, just for a bonus is corrupt and the worst example of a Marine. Get one Marine to disagree with that.
Most “ethical” congress eveh? Run by Murtha(D), Pelosi(D) is just his puppet.
Now you have Kennedy(D) who killed someone and has excuses made for him buy (D)’s and evades paying taxes and gets excuses made for him by (D)’s
It does no good to reason with the likes of lgm. He is spent. His ideas are beyond comprehension. He is stuck in the 60’s and still thinks tie-dye with ivory beads is in.
This is why I am constantly saying:
I G N O R E
H I M
If he ever had an original thought, we would all stand and clap. The best you can hope for is some quote from some obscure web site as his “evidence” or “source”. Mostly he regurgitates the same old tired talking points from last years garbage that did not work then.
The best you can hope for is comedic relief but that is slim at best. I have tried for over a year to get a debate out of him and the best I can hope for now is to poke fun at him when he shows up (and I am not the only one).
So, you have had another crash course in what a troll is. Happy hunting.
Soap:
He’s not a troll; he’s a seagull.
Swoop in. Squirt. Swoop out.
Like a ninja…with diahrrea.
THE KENNEDY FORTUNE IS ACTUALLY IN A TRUST FUND ON THE ISLAND OF FIJI, FAR FROM THE GRIP OF UNITED STATES TAX LAWS.
My liberal loon, I see ugliness in you, not because of your bushy little unkempt beard, but for what is in your mind.
Your so-called critisims are typical of someone who forgot where this country came from and what it has given the world.
If someone like you had to produce to make a living, you would be on welfare. Instead you are a parasite protected by a form of government subsidized welfare….our disfunctional education system.
For your illogical views that never end, I see one sick, repulsive individual. I would feel the same if you were Halle Berry beautiful, so don’t take my criticism personally….arschloch!
Fat.
Drunk.
Stupid.
And now we can add “hypocritical” to his resume.
Not even liberals like Ted Kennedy.
They like his agenda. Or he likes theirs.
What’s to like. Killed a woman, cheated on his wife, drunk, raised losers and drug addicts, allowed his sister to be lobotomized, hides his inherited money oversea’s, and is an overall embarassment.
But he votes their way.
It’s typical of Democrats.
Fat, drunk, and stupid is no way to go through life son – Dean Vernon Wormer, Faber College, occasionally a very wise man…
way to go Jason! what a great clip of a monumental pig being cornered and he can’t get out of it. filth.
That was the most awesome video I have seen a while. My hat is off to the people who pulled that off. Thank god there are younger generation folks still sticking up for what is right in this country. All is not lost for the next generation. God Bless them.
lgm: lets talk about what you SAID.
* do you think the “loopholes” should be closed, or not? Please offer some reasoning, either way. And if you answer “yes” please explain why “loopholes” for corporations are “bad”.
You SAID:
“”At least he’s not one of those rich Republicans (Bush, Forbes, …) who spend the majority of their political capital pushing for tax cuts that benefit themselves enormously.”
So: leaving aside the illogic of your claim (when have Bush or Forbes spent their political capital on having to arm-twist anyone for tax cuts? What political capital does Forbes have, given that he’s not an elected official?)…
do you think Kennedy spent any of his own “political capital” pushing for loopholes in the estate tax laws that benefitted himself enormously? If not, are you claiming he stood by and let it all happen around him, whilst a Senator since the the 1960’s.?
For those new to the this site: it’s at this point that (a) lgm’s STUPIDITY is exposed, and (b) where he stops posting in the thread, or ignores the challenges posed him..
It’s always this way, which is why we caution you in attempting to engage lgm.
He does….not…engage…in…good faith…argument. Intellectually he is a T*RD in a punchbowl.
A couple of countries in Europe decided to try the flat tax. It not only works, it brings in more revenue. The tax situation in this country is so bad, we even tax the dead. Family businesses fold because they don’t have the Kennedy lawyers and the ability to pork it. The only thing not taxed is the air we breathe, and if Congress can find a way around that, the “gas” company will take on a whole new meaning.
nice work.
our country desperately needs more.
So maybe Kennedy is not the best Senator on the Democratic side. Have a look at Obama:
That’s a 35% tax bracket.
The rich neither get rich nor stay rich by paying taxes. My guess, and this is just my guess, but I’d bet that somewhere along the line the 33M the Clintons paid in taxes will find it’s way back to them however indirectly.
When your tax bill is in excess of 30 million, more than the budget of a lot of companies, then a few hundred thousand here or there wont make any difference. But the working person has to decide what bill wont get paid, what necessity their child wont get, what doctor visit will go undone because the money they would have spent on those things is confiscated by the likes of Ted and Hillary and Obama. But rest assured, John Murtha will put our tax money to good use using it to stay in office. So remember that the next time the bill collector calls.
What’s interesting is God only asks for 10% and will wait. Caesar demands and takes over 33% and he’s not crazy about waiting for it.
Carbon credits, anyone?