Taxes

Grassley: Iowans Spend Too Much Money on Women

Written by SK Ashby

Are you rich?

No?

Well, if you're not, it must be because you spend all of your money on women and booze.

“I think not having the estate tax recognizes the people that are investing,” [Senator Chuck Grassley] said, “as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies.

This was Grassley's response when he was asked why he voted to eliminate the estate tax which doesn't apply to the overwhelming majority of families or family farms in Iowa.

Taken at face value, Grassley is saying average families in Iowa are worth less than $11 million (the estate tax threshold for a married couple) because they've blown all their money on "booze or women."

Is Grassley saying men and women spend too much money on their girlfriends and wives, or is he saying his fellow Iowans spend too much money on prostitutes?

In any case, quick napkin math tells me you'd have to drink about $185 in alcohol every single day for 75 years straight to spend $5 million (the estate tax threshold for an individual) on alcohol.

It remains to be seen if Iowans will recognize how insulting this is to all of them, whether they're conservative or not. Your red MAGA hat isn't going to save you from the future recession Republicans are engineering right now. Republicans in Congress don't give a single fuck about you.