FATS LIMBAUGH IMPLICITLY BACKS THE ESTATES TAX

I noted below that Fats had decided to drag out one of his older memes and today on his "week in review" show I learned that he did this because of this article in the American Spectator, "America's Ruling Class -- And the Perils of Revolution" by Angelo M. Codevilla. Here's where Fats seems to argue for the estate tax:

We believe that performing well on the job is how you get promoted and how you get paid well. Not true in the ruling class. In fact, that is looked down upon. It's sort of like the old money versus new money business. The old money, inherited from robber barons of the past, great wealth. The people who inherited it don't do anything for it, but it has great lineage. People who have earned great wealth rather than having inherited it are shunned by the old-money people because it's working class to have earned money. It's just not done. It's considered gauche, it's considered filthy. And it's much the same way with merit throughout the ruling class. You don't have to be the best. In fact, if you do the right things and say the right things, you can be an abject failure meritocracy-wise and still be promoted.