Quote of the Day

QUOTE OF THE DAY…. The open U.S. Senate race in West Virginia may prove to be far more competitive than Democrats had hoped, and both major party candidates will no doubt be working hard in the coming weeks to prove that they understand the concerns of hard-working, middle-class Americans.

To that end, perennial candidate John Raese (R) may need to sharpen his message a bit. Here’s the conservative candidate yesterday, appearing on a radio show:

HOST: Tell us a little bit about you and your business experience and how you got here.

RAESE: I made my money the old-fashioned way, I inherited it. I think that’s a great thing to do. I hope more people in this country have that opportunity as soon as we abolish inheritance tax in this country, which is a key part of my program.

First, insisting that getting rich through inheritance is “a great thing to do” doesn’t exactly scream “man of the people.”

Second, if the inheritance tax was so onerous, then how is it Raese got to be so much wealthier than the typical West Virginian?

And third, if Raese seriously believes regular folks will have new-found opportunities at wealth just as soon as the inheritance tax on multi-millionaires is eliminated, then he probably doesn’t realize that 99.75% of Americans already pay no inheritance tax, and the current law doesn’t affect anyone inheriting less than $3.5 million. Indeed, Raese may be confused, but there really aren’t that many ultra-rich families in West Virginia, so making breaks for multi-millionaires “a key part” of his platform is probably a bad idea.

Where does the Republican Party find these guys?

Support Nonprofit Journalism

If you enjoyed this article, consider making a donation to help us produce more like it. The Washington Monthly was founded in 1969 to tell the stories of how government really works—and how to make it work better. Fifty years later, the need for incisive analysis and new, progressive policy ideas is clearer than ever. As a nonprofit, we rely on support from readers like you.

Yes, I’ll make a donation