by kara on December 30, 2011

 

Why I detest Republican policy: Repeal of the estate tax would get the Walton family another $32 billion in untaxed income. The best your respectable Gilded Age capitalist could do was to lower wages to mere subsistence levels. The Waltons/WalMartians have done that one better: wages lower than subsistence level can now be augmented by food stamps and welfare, paid for by taxes on the middle class.

Their wealth is subsidized by the state.

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