Reuters (7/14/10) has a report today on the efforts by senators Blanche Lincoln (D.-Arkansas) and Jon Kyl (R.-Arizona) to greatly reduce the amount wealthy estates owe in federal taxes. Under current law, after a one-year suspension, the federal estate tax rate will return to its pre-2001 level of 55 percent, with the first $1 million exempt. Lincoln and Kyl’s proposal would change the rate to 35 percent and exempt the first $5 million of an estate. This change would save millionaires $440 billion in its first decade, and add the same amount to the federal deficit.
How does Reuters report on this massive transfer of wealth to the rich? Under the headline “Two Senators Propose Reinstating Estate Tax,” reporter Kim Dixon begins her story, “Two senators, a Democrat and a Republican, have reintroduced a proposal to reinstate the estate tax, which lapsed this year amid a row among lawmakers over taxing the wealthy when they die.”
The story does go on to note what the rates would be under the Lincoln/Kyl proposal compared to current law, but leaves the budget-busting math as an exercise for the reader.
Wow : ( I guess plant stories are legal. FAIR is good at catching them and giving them their just desserts! This story attempts to give the bill some kind of underdog status — which is reasonable maybe on my favorite site (jk) “Accuracy in Media“ but in the nation’s news service a plant story is reaching people nationwide.
While I strongly believe that the estate tax should be reinstated, two points:
1. Nominal thresholds w/o inflation escalator clauses are dumb dumb dumb, and lead to political tricks like those undertaken by the Bush admin. Adjust the old limit for inflation, and then adjust every year (just like SSI does)
2. “…massive transfer of wealth to the rich”. This is not transferring wealth TO the wealthy – it is reducing the amount of an estate taken in taxes. If you can’t see the difference, you’ve got serious fairness issues…
The logic behind having an estate tax is to prevent a few wealthy people from accumulating massive amounts of wealth. In the early years of the 20th Century, the robber barrons were accumulating massive amounts of wealth. The estate tax was a method to put an end that. The estate tax should be reinstated at the old tax rates. When billionairs have died this year, their heirs recived those billions tax free. That is wrong. The government should take a portion with graduated tax rates up to 55%. The Republicans cry their eyes out about deficits but are eager to allow the wealthiest people in this country to pass their wealth on to their heirs as the national debt continues to grow. Obama’s biggest mistake in his first year was not to roll back the tax cuts for the wealthy to pre-Bush administration levels. The Congress should keep the stimulative tax cuts, roll back the tax cuts for the wealthy, and increase corporate tax rates that have been cut drastically through the decades. Also, Congress should increase taxes on capital gains and institute a graduated tax for small investors so that they are not taxed at the same rate as wealthy indiviudals. If the Republicans really want to control deficits, they should be in favor of all of my above suggestions.
The logic behind having an estate tax is to prevent a few wealthy people from accumulating massive amounts of wealth. In the early years of the 20th Century, the robber barrons were accumulating massive amounts of wealth. The estate tax was a method to put an end that. The estate tax should be reinstated at the old tax rates. When billionairs have died this year, their heirs recived those billions tax free. That is wrong. The government should take a portion with graduated tax rates up to 55%. The Republicans cry their eyes out about deficits but are eager to allow the wealthiest people in this country to pass their wealth on to their heirs as the national debt continues to grow. The Congress should keep the stimulative tax cuts, roll back the tax cuts for the wealthy, and increase corporate tax rates that have been cut drastically through the decades. Also, Congress should increase taxes on capital gains and institute a graduated tax for small investors so that they are not taxed at the same rate as wealthy indiviudals.
The logic behind having an estate tax is to prevent a few wealthy people from accumulating massive amounts of wealth. In the early years of the 20th Century, the robber barons were accumulating massive amounts of wealth. The estate tax was a method to put an end that. The estate tax should be reinstated with graduated tax rates. up to 55%.
I’m surprised she didn’t call it the “death tax”, which is their favorite name for it. Republicans only hate the deficit if the money is spent on the poor or on us wage slaves. (formerly the middle class)
Rich people pay more-get over it. Pay your share and shut up.
“â┚¬Ã‚¦massive transfer of wealth to the rich”…..reducing the amount of an estate taken in taxes IS transferring wealth TO the wealthy…If you can’t see the difference, you’ve got serious fairness issuesâ┚¬Ã‚¦
Let me get this straight…….We work (and are taxed). Everything we buy (is taxed). Everything we do in every way, shape, or form is taxed- and taxed again. Now we are going to tax those that have theoretically done a lot right in this life, AFTER they die ,on whatever they ever owned that has already been taxed through and through.?So that the children they have supported can now be supported in a way…THE GOVERNMENT DEEMS FIT! And the rest of their life’s work redistributed to those the government thinks fit to have it? Some would say this is attacking success while subsidizing failure. Some would say the government is better able to do for you and your family than you are. Some would say there should be a limit on what you can be worth. Let’s take away Clintons’ and Gores’ hundred mil ,and it lower to…what, say a hundred grand? President Obama is worth at least ten million. I say he should be left with fifty thou. And all presidents should only be allowed 1% of what they make after office since it is all tied into the benefits of our vote. So it should all be given back in payment? And theoretically those that are religious (and so will have a better life in heaven) should be taxed on that better life. An after death death tax.
This week, the Yankees owner died and kept his earnings. Earned by using that ten pounds of grey matter on his shoulders. FANTASTIC! Amazing! Congrats, you filthy capitalist you, for beating down the wolf at the door by just a couple steps.
How about we go back in time and limit Bill Gates to 1 million. That’s all we would allow him to make per year. Feeling better about yourself yet? All he had accomplished. A world improved and changed. All gone,so that some of you can feel better about your own inequities and jealousy over what others have done with their gifts.
I saw Obama say when is too much enough. I will tell you.
It was too much that Ford built his cars. That the vaccine for polio was discovered. That the Wright brothers managed flight,and that Lindbergh crossed the Atlantic. That massive bridges were built,and TV invented. Nuclear energy….new amazing farming techniques to feed the world, and soon new forms of energy discovered that will save us from death by lack of oil. All things born in the minds of individuals who benefitted greatly from their own hard work and brilliance. All gone. Because a short sighted- lets even the playing field mentality robbed us of it. Looking back may seem silly. So lets look forward. Who will never do that which will change the world because all motivation was stolen away? Today I see so many Doctors telling their own children to look elsewhere for future employment. It is no longer worth the input in time and money. And standing Doctors taking early retirement because the government is just too deep in their pockets.
i have never worked for a poor man. Have you? Who will we trust to set the levels? To control the best in our world till we need not, because they have disappeared to all our detriment?
Some would say a fair tax or flat tax is best. The rich would still pay monumentally more. (And yes the poor would sadly still be the poor). But the choice of personal freedom over the socialist idea of collective freedom, is that sham that won’t admit that sooner or later you always run out of other people’s money. That to me is FAIR.
Today, 50% pay nothing, while the top 10% pay 83% of all taxes. Why not just end this silly game? If the wealth of this country is the governments on loan to the people, instead of vis a versa, why not TAKE IT ALL from the rich? Return the governments wealth en total. And if that hurts the filthy rich well…After all they deserve it,don’t they? The question is really of a different nature. Will we allow ourselves to be governed or submit to being ruled? Will we use the gifts that we have been born with and developed in freedom to the ultimate ends, or will we allow the government ruled by Obama, or Sarah Palin, or Dr. Ron Paul, to dictate the terms and limits that our gifts may carry us and the world to? My father used to say “Shoot for the stars and you may get the moon”. We can’t limit those that shoot for the stars because it is not in us to even attempt it.
actually, bill gates’ dad, william gates jr., is in favor of the estate tax
http://www.spokesmanreview.com/tools/story_pf.asp?ID=165690
as is bill the third, as well as warren buffett…. as seen in this fox business video:
http://www.trustsestateslaw.com/2009/05/warren-buffett-and-bill-gates-on-the-estate-tax/
ps
according to the conservative national center for policy analysis, the top 25 percent of income earners pay nearly 83 percent of the INCOME tax..not the top 10% and NOT all taxes…
Michael e is wrong. Most of the wealthy have capital gains from stock appreciation, and that wealth has never been taxed even one time. Show me a rich man who has accumulated his wealth that has been taxed when earned. That would be a rare bird indeed. Rush Limbaugh makes 50 million dollars a year, that money is taxed and should be. But how much of that income is held in financial wealth? The Walton family holds billions of dollars in capital gains from holding Wal Mart stock. At one time, they held 100 billion dollars in wealth. Those gains have never been taxed.
A study done at the University California at Santa Cruz reports that in 2007 the top 1% of households owned 34.6 of privately held wealth. The top 20% of households owned 85% of this nation’s wealth. That means that 80% of us held only 15% of all wealth. There is a huge disparity in this country but people like Michael e who want to defend the wealthy and to give them tax breaks including elimination of the estate tax. The study at UCSC can be found at:
http://sociology.ucsc.edu/whorulesamerica/power/wealth.html
The charts on that site will stun many who have not seen them
.
To Gene: First, it sounds as if you’re with me on a fair tax (or flat tax rate) where all such so-called shelters would immediately disappear. Second, capital gains are simply the gains you have made for taking the risk of your own money. Think of it this way- you send your child to college. You pay a fortune. That is a risk. All he does after, we will call his capital gains. All to be taxed because of the very nature of the risk you took? And, to believe that the mechanisms of tax shelters are not beneficial and in the end controlled by the government, would be to believe that the government has allowed the wealth of this country to move beyond their control. And that is not true. Rush Limbaugh makes a huge salary. Oprah Winfrey does as well. Oprah admitted that she must watch to the minute the time spent in places like New York, where she will be inordinately taxed (Rush is in the same position). Yet she voted for the system that does so. She, and not Rush, is the hypocrite. Did not our founding fathers write that man should not be taxed on his wage? And Gene, your sentence “Show me a rich man who has accumulated his wealth that has been taxed when earned.” should read “Show me a rich man who has ‘earned’ his wealth that has been taxed when accumulated is not a rare bird at all.” You seem to be indicating that great massive wealth is in itself a negative entity never really earned, and to be always subject to government control for redistribution. You also seem to believe that the 100 billion dollars that the Waltons once had, sat in a gold buillon bank deep under the ground where they could sit on its piles by candlelight like a dragon horde. Whether you know it or not, that money becomes an intrinsic part of the lifeblood of the economy. Except when frittered away by uncompromising government ineptitude. You either believe in massive private sector wealth or in massive government wealth. Government produces nothing. They create nothing. Yet, you would prefer, for those who that are the creators, to give all to the arbitrators.
actually, bill gates’ dad, william gates jr., is in favor of the estate tax…as is bill the third, and as warren buffettâ┚¬Ã‚¦. as seen in a fox business video…
ps
according to the conservative national center for policy analysis, the top 25 percent of income earners pay nearly 83 percent of the INCOME tax..not the top 10% and NOT all taxesâ┚¬Ã‚¦
Hey Teddy(loved your CHARGE)(:
You are right…and wrong.Let me correct my figures first, and thanx for the heads up….Top 1% pay 40.42% in taxes.Top 5% 60.63%.Top 10 71.22%.Top 25% 86.50%.Top 50% 97.11%.Bottom 5o % 2.89%.Hope that clears it up.
Bill gates Jr and sr believe in the estate tax.As did Warren Buffet .But lets examine this.Both Gates and Buffet are giving their money to charitable donations(and so will not pay any estate tax) upon there deaths of their choosing.Both have indicated they do not feel comfortable with the Governments method in the use of their money.That is why they are not leaving it directly to the treasury.They do believe great wealth has a duty or obligation to society.I feel that also.Just not at the point of a government gun.It is called charity.Something Bush.Chainy,John McCain,Palin,Limbaugh,Glen beck,Hannity know a lot about.They are huge huge givers.Under the radar but HUGE.Obama and Biden if at all- have been cheapskates about helping the poor.But then It is always easier to give other folks money than your own.Hell today im donating ALL your money to science,and boy do I feel good.(Maybe the prez could help his brother out of his hut and 20 $ a year salary for starters)Or help his aunts and uncle out of the squaller they live in)But i digress.Remember Ted The estate tax is at its core unjust.Death should not be a taxable event.
Have you ever looked at how many family farms have been lost after generations upon generations grew up on the farm due to the death tax?Boy there is a seamy ugly side for ya.A farmer makes a hundred grand a year farming.But upon his death the Fed says his land is worth 20 mil for building clapboard condos.His family owes lets say 10 million.And their OUTTA HERE!!!!!So its not just all billionaire’s at the end of their earning cycle, who wont be effected- cause they dodged the bullet, who speak well of government enforced redistribution that is at stake here.
i have looked at how many family farms have been lost …the answer is virtually none…
kevin drum at mother jones has a recent piece on that, dated july 16th…
in “what’s the matter with kansas” tom franks quotes someone who had watched family farms for three decades and had never seen an instance of the estate tax causing the family to sell
just to clarify, the numbers you cite are income taxes not [all] taxes…
ps
willian gates jr has no problem with the government handling estate tax funds..in fact he writes “Instead of the present “flat rate” system â┚¬” where a $5 million estate pays the same rate as a $5 billion estate â┚¬” we should adopt a progressive rate structure. Lifting the tax off smaller estates could be paid for by higher rates on estates over $50 million.”
Teddy i know two fams” MYSELF” who lost a farm due to the estate tax.And if another man I know should pass his family(3 sons) also will not be able to pay the death tax on his farm.And i am not even a farmer,and this is no farm community so im not even in the loop.This stat is a blatent lie, or a small lie, or a middlin lie .Or we must believe it only happens around here.Come on Ted dig deeper.And I will contact Kevin Jones very soon to discuss how he could ever believe this has not effected land rich farmers.People like Kevin become conduits for information others quote.Thanks for the heads up on him.
Bill Gates….A man of immense wealth who lets face it lives in a ga ga land few can ever comprehend.When the government tried to say his anti trust ways were building too much wealth he fought back hard.Now you see him as an angel because he feels people of great means should be forced to redistribute their wealth once they die.Im not really comfortable(nor should you be)looking to him as a mentor with any real answers.
No I did not include all taxes.If i did of course the rich would pay much more than in those figures I sighted.They buy big and are taxed big.Simple no?
How about this.I say the more you contribute the more you care(in any situation)Lets let the rich have more votes than the poor…(ok Im just tweaking your nose)Or how about everybody rich or poor pays 50% on their death.I mean even our poor are rich compared to world standards.So lets base poor and rich on those standards.Think how much the gov could earn on 50% of every death.Lets remove gold filling’s from the dead.This is just class warfare son.De humanize the rich,Hate the rich…. eat the rich!What I hate is the hypocrocy.If you believe it is all the govs money and the rich have just borrowed it in some huge monopoly game…..Then take it ALL back upon their death.These graduated scales are the lie that sneaks in.I would so much more respect a government who came in the dark of night…in red white and blue hoods carrying torches …to collect from the mourning widow.
just to be clear…kevin drum didn’t cite tom franks in his article, my two paragraphs are disconnected..should have put an “and” in front of the third one….
here’s kevin:
Even the American Farm Bureau Federation was eventually forced to admit that it couldn’t come up with a single example, and a few years later the Congressional Budget Office estimated that under the now-current exemption level, only a tiny handful of small farms were likely to owe any estate tax to begin with â┚¬” and of those, only about a dozen lacked the assets to pay their taxes. And even those dozen had 14 years to pay the bill as long as the kids kept running the farm.
===================
and here’s the New York Times from April 8, 2001:
Neil Harl, an Iowa State University economist whose tax advice has made him a household name among Midwest farmers, said he had searched far and wide but had never found a farm lost because of estate taxes. “It’s a myth,” he said.
Even one of the leading advocates for repeal of estate taxes, the American Farm Bureau Federation, said it could not cite a single example of a farm lost because of estate taxes.
=================
and i was quoting gates, jr not william the third….
anywho….so! if gates III, [or buffett or geffen, d rockefeller, jr or ben of ben & jerry’s], say his fellow rich people should pay taxes he’s waging class warfare on his own class?
as for your tax figures, the top 25% wouldn’t pay 83% of all property taxes, or 83% of all sales taxes or utility taxes or cigarette taxes or social security taxes, etc etc…..cheery picking income taxes only distorts the discussion…according to business insider 4/14/10, The top 10% of Americans paid 55.4% of total FEDERAL taxes…
plus most of the ultra rich earn much of their income via capital gains
forbes 1/29/09 : In 2006, the top 400 highest-earning taxpayers realized $66 billion, or 63% of all their income, in net capital gains.
The 400 reported a record $105 billion in total adjusted gross income in 2006, but they paid just $18 billion in tax, new Internal Revenue Service figures show. That works out to an average federal income tax bite of 17%.
==============
capital gains are taxed at a lower rate than the bit of “regular” income they generate…that income isn’t taxed “big.” that’s taxed low…..
ps editing for clarity :top 10% pay 71.22% of income tax, 55.4% of all federal taxes
First…your farm figures remind me of the saying” liers figure and figure’s lie”.My own fault.I took the bait and got lost in the world of lib stat twist.I read the pieces sighted and they are full of ….well full or IT!Cant find a sentance that really is not a distortion.Lets remember the iRS motto.WE GOT WHAT IT TAKES TO TAKE WHAT YOU GOT!So I went to the horses mouth and spoke to a bud who actually lost the farm due to said tax.He pointed out a great fact.He said no one looses the farm to the government because of the death tax.He said you would have to be a real dupe.You sell it before they get near that close.And there is your answer.On paper a farm has sold to great profit to the owners(yes you pay capital gains)plus “fiddy” to the gov.
Capital gains is not a dirty word Ted.It is the profit you make on your own hard work or taking the risk of investment.This idea..this proposterous idea that the rich pay no taxes instead of the huge majority is the big lie. And simple class warfare.Acceptable in a socialist system,but anthem in a capitalist one.The founding fathers wrote”MAN SHALL NOT BE TAXED ON HIS WAGE”I never saw it written that the government owns all it sees, and may tax you in any way at any time in anyplace to their benefit.I still think the gov has a little gnome like man sitting in a shack deep in the woods cackling away thinking up new taxes day and night.
TED This country will recover in only one way.And this you can cut in stone.WE MUST RE_CREATE WEALTH!!!We can not tax ourselves to recovery.We can not hand out stym money.Or extend unemployment ben.We cant destroy the oil industry.We cant print money.Or borrow it.Re creating wealth may sicken you.Or it may send little shivers running up your leg on all the ways you can fleece wealth from those producing it to be given to the government for redistribution.But that is debilitating to the creation of wealth.And it is the only way forward.And obama does not agree with that.
You ask what are these super rich thinking in agreeing with the death tax.THEY DONT PAY IT!So whatever they say does not mean spit Ted.Lets call it good PR for themselves.If they did believe in it they would save the family the paperwork -and give 50% to the government.None of them do.
Remember the mantra Ted.The government creates nothing.All comes from the private sector.This government is trying to squeeze until death is close but just barely avoided.But they are lousy doctors.And our economy needs them off our chest.
Let me quote and then butcher a famous lesson.
Give a man a fish and he will eat for a day.Teach a man to fish and he will eat for a lifetime…THEN YOU CAN TAKE HIS TAKE.TAKE AFTER HIS TAKE (capital gains)AND WHEN HE DIES TAKE HIS WIFES TAKE”
yes, we all know that the american farm bureau federation ,the congressional budget office, business insider and forbes are well known for their “liberal stat twisting”…
ps
just read about a louisiana republican who stole another man’s wife and after she died, took up with the wife of one of his son-in laws…
Well Ted im Not a republican per say though they are much closer to the mark and would get my vote in a pinch.But if this guy (Louisiana R) is the scum you portray I am 100% sure and positive that the Rs are better at ridding themselves of such trash than are the Ds.Just heard Carvil admit as much.We found out this week that press members admitted to hiding the Rev wright story and than working hard to sqaush it to save Obama.This is an abomination upon freedom of the press.The sickness of political pragmatism exists on both sides.But on the left it is an art form.I wonder sometimes what a ranking member of the Ds must do to loose his base.Forget the captain of chapacquidick(Kennedy).Or the lier in chief Clinton.Or Obama with his radical anti American marxist ties?When a certain Dem just died who had once been a high ranking Klansmen was rememberered by an x prez,Clinton called it a youthful transgression .Is 25 years of Obama with bombers and cheats.Marxists and racists also a youthful transgression?How about the tax cheats running the IRS as we speak.?And the reform of the banking given to Dodds and franks.The criminals who ran fanny and Freddy for the gov and caused much of this?Remember Bush was called the culture of corruption?Maybe so.I like to say of Obama ….Cuture of corruption two…… x 100 !The Tea party asks that you and i get better.Wether right or left.That is why as of now I feel more akin to them.We threw out the bums last election…But we missed half!
As far as the death tax and farms…..My friend was correct.Farms sold for profit(all of them)are not listed as lost to the death tax.Yet when interviewed the truth is easy to see.When the Cin. owner of a sports team died his family sold it to great profit.The reason given was the death tax.Yet nothing can appear to that effect unless the government confiscated property or moved to do so to claim their rightful(sic)inheratence.
Ted only a mad system would claim 500 gazillion from the yankee owner last year.Nothing this year.And six hundred gazillion next!You must articulate what right the government has to any money upon a mans death.Other than the great wealth that flows into the gov coffers.Simple pragmatism?
We live in a society that taxes success and subsidizes failure.50% pay nothing!Nothing Ted.Im always a little lost what a man owes me who has done better than I have .
weird, i make a little joke about your “takes his wifes take” commentand you go off on this long essay about…well i’m not sure….
tooting my own horn a bit, here’s what susan dunn wrote about me on august 9, 1999
When Theodore Roosevelt demanded that Congress pass a steeply graduated inheritance tax in 1906, he was proposing the one bill that members of his own patrician class feared most. In attacking what they cherished – not just their money but also their sense of entitlement and superiority – he was challenging the class system, not the capitalist system, turning the upper-class world upside down. As far as these plutocrats were concerned, T.R. had betrayed his own class to the point of no return.
Roosevelt, the Oyster Bay patrician who used his inheritance to lead a life of public service rather than a life of leisure, always believed that the transmission of enormous wealth to young men “does not do them any real service and is of great and genuine detriment to the community at large.”
What really mattered, he felt, was to have a national community based on citizens’ political equality, relative economic equality and interdependence. For Roosevelt, the inheritance tax was a moral issue as well as an economic one.
“If ever our people become so sordid as to feel that all that counts is moneyed prosperity, ignoble well-being, effortless ease and comfort,” he warned, “then this nation shall perish, as it will deserve to perish, from the earth.” Wealth, he declared, should only be “the foundation on which to build the real life, the life of spiritual and moral effort and achievement.”
ps
you only have to look at paris hilton to understand his point
pps
the idea that the 47% of americans who pay no INCOME taxes are “failures” is a staggering misunderstanding of coherent policy and it’s intended outcomes…
Well im a little stunned.You hit me where I live. Teddy Roosevelt????A real bloody progressive who is one of those historical figures who seems a wise grand dad to most folks today.To me he was an absolute nightmare.When Glen Beck caught up and started reporting what some of us knew about old Teddy I was happy to see it.So maybe we better not go there.Suffice it to say when I read some of his speeches- blood shoots from my eyes.Yet I agree personally to almost everything you wrote about his beliefs.Personally!!!It is how I live my life.But no government may force a free man to live MY LIFE.Or Teddy’s.This is the seminal point where I can tell you and i differ.When a government decides how you should live what they consider a charitable- worth while life, by limiting your life, it is time to run like hell.Paris Hilton may not meet your standards but we shall not beggar her because some social planner in government decides” it will make a woman of her”Maybe Conrad Hilton worked his ass off so his kids( and theirs) never had to do anything but sit in contemplation and enjoy the world about them.His bloody choice!!!!!!
And by the way…Teddy would of Hated Obama.Probably consider him an ivy league poof.And Obama has never given to charity.Or Joe Biden.They just want the power to tell others to give.
The idea that 47% pay no income taxes is a failure.A failure of government.And soon with the destruction of our economy being carried out by this regime, you will see those numbers balloon near 60%!And somehow that is the fault of the top percentile of wage earners?This country ‘s foundation is self reliance and rugged individualism.Not a nanny state forcing those who have worked hard to achieve- to become the parents to those that through no fault, or fault, have not.No wonder libs hate Palin.
Similarly….I loved those that believe healthcare is a RIGHT.A right never infringes on any one else directly.Freedom of speech lets say.Freedoms are not those things that infringe on the rich, on behalf of the poor.
And I resent your belief that being rich is a CLASS as it may of been in 1906.This is a liberal canard.I know a lot of wealthy people.None that I know inherited great wealth.They worked damn hard and earned it.For a government that creates nothing… to imperially decide what amount they shall redistribute of the blood and sweat of a small percentage of its people is insane.
Liberals always believe they know best how others should live.It never ceases to amaze me.Tea party folks believe in keeping the government out of your life.Out of your pockets.Out of your dreams.We allow ourselves to be governed…not ruled.