In addition to the job-killing tax increase that looms for this country if the current tax rates are not extended to all, there is another cloud that hovers over our economy. When President Obama speaks today in Winston-Salem about the economy, will he finally acknowledge that the death tax must not be revived? Doubtful, but I continue to hope the president will join the majority of Americans who understand what is at stake.
President Obama and Congressional Democrats don’t think this is a high priority, but voters do. A November Gallup Poll found that Americans think that keeping the estate tax “from increasingly significantly” is “very important” by 56% to 17% “not too important.” That’s more than think it is a priority to extend current tax rates (50%), extend jobless benefits (48%), ratify the Start treaty (40%) or let openly gay men and women serve in the military (32%).
