This is one merger that a big Republican Victory will make even better IMO. Why? Remember that Dan Duncan whose family more or less controls EOD/EPE passed away earlier this year leaving an estate in the $10 BILLION range. 2010 through an oversight of Congress is a "Zero Death Tax Year". If the Democrats retain their congressional majorities they will make a 50% Death Tax retroactive for 2010. Having to raise "$5 Billion for Obama" would most likely mean the Duncans would kill the merger and sell=off EPE/EPD big. A Republican Victory weakening Democrat control of the Senate or erasing it would IMO result in the Duncans being left alone..and the merger as well. I suspect the Duncans are contributing a few $s these days to every Republican running for the senate.
and those sob's that owe back taxes actually received a raise THIS YEAR.
Turn these socialists out nov. 2, take back our country and our government.
Put this black socialist with the big black mouth out. He is a liar. Yesterday he claimed that he had given small business 8 tax cuts since taking office.
I run a small business and no tax cuts have I seen.
<<<Republicans squandered the budget surplus.>>>
Why don't Dems even pay their fair share?
"41 Obama White House aides owe the IRS $831,000 in back taxes -- and they're not alone"
<<<What would you rather have? Deficits and borrowing increase?>>>
LOL..whatta maroon. Is that THE ONLY choices?
How's about responsible government...cutting spending, austerity measures, living within our means and getting rid of the PONZI scheme of entitlements we have enacted.
All that borrowing is taking away from the future. Your kids/grandkids are screwed one way or another...the "Greatest Generation" the Dems and FDR pants'd all us young'uns.
Gentlemen:--The best thing that can happen for us is return of Republican control of the House and a pick-up of a a few Senate seats.-----If Repubs can get the House it will be hard for the Dems to cause much more damage. wE JUST DON'T NEED ANY MORE "PROGRESSIVE(?) REFORM".
Yes I know. Obama isn't responsible for anything. He thinks he's driving a car - but not recognizing that he's about to drive the car over the cliff just around the corner! He is the worst president in the history of our country!!!
It is true. The Democrats want to retroactively tax the estates of people that died in 2010 to raise money for their reckless spending.
But I wouldn't worry about it because November will bring a surprise to Princess Pelosi when she gets the boot. Then we won't have to look at her nervous tick of smacking her lips during the Obumma's speeches.
There will be no retroactive death tax.
The Duncans and Steinbrenner estates promise vigorous constitutional challenges to any effort to restore the estate tax retroactively and they will win because retroactive taxation is a bill of attainder and that is unconstitutional.
Congress will not want to risk having a Supreme Court loss on the record because they could never again propose retroactive taxation and we know they will want to when the stakes are so low there is no one to put on the good fight.
The Duncans and Steinbrenner estates have enough at stake that they will fight and they will win and congress does not want egg foo yung all over its face. So its a done deal... no retroactive under any scenerio.