The cost of the Obama proposal already has drawn criticism from Republican politicians. House Speaker John Boehner, R-Ohio, even published a blog post laden with Taylor Swift GIFs to express his concern. "Sixty billion dollars [over ten years] is a lot of money ... you can't just shake it off," staffers wrote, referencing Swift lyrics. "And the president knows full well there's no blank space in the taxpayers' checkbook."CHASER:
Congress’s Joint Committee on Taxation estimated that repealing the estate tax would cost the Treasury $14.6 billion in the 2016 fiscal year and $269 billion over 10 years. Mr. Boehner said that “is nothing more than a drop in the bucket to the federal government.”Get it? $60 billion over 10 years is a lot of money that you can't just shake off--if it's helping poor kids go to college. But $269 billion over 10 years? That's a drop in the bucket if it means rich people are getting even more millions. That's fundamentally evil, isn't it?