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Death Tax

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NEWS
April 28, 2005
Christopher Cox I sincerely hope that the headline on S.J. Cahn's recent piece on the death tax ("Estate tax headed for a GOP stake in heart this time") will prove to be accurate. What I can say with certainty is that Cahn is completely correct that I have been waging a long campaign against the death tax. Cahn reports with 100% accuracy that if I have my way, no one will ever pay this tax again. He is also correct when he reports that most Americans favor a repeal of the death tax, and I believe I know why. It relates directly to one sentence in Cahn's piece that is not entirely accurate.
NEWS
June 19, 2003
Paul Clinton Rep. Chris Cox's dogged effort to eliminate the estate tax bore fruit Wednesday, as the House passed a proposal he has been carrying since 1993. In a 264-163 vote, the House approved a full repeal of the tax on inheritances, which would go into effect in 2010. In 2001, Congress passed a partial repeal of the "death tax," as it has been dubbed by opponents. The tax was first implemented after the Civil War as a way to pay off the country's war debts.
NEWS
November 12, 2002
Paul Clinton Rep. Chris Cox declared victory Monday in his decade-long battle to permanently wipe out the estate tax, which has sapped the inheritances of well-to-do families since the Civil War. Cox, who introduced his first bill to eliminate the tax in 1993, predicted that new faces in Congress -- many of whom are Republican -- should put the repeal over the top. "Now that President Bush has a working majority in...
NEWS
November 24, 2002
In a recent letter to the editor of the Daily Pilot, Wallace Wood of Costa Mesa wrote that the Death Tax "is simply the income tax levied on huge inheritances, and rightly so." That's a common misconception, and it deserves a response. In fact, the Death Tax is a property tax -- not an income tax. One needn't have any income at all to owe it. And because it is levied on an individual's after-tax life savings at rates far in excess of income taxes, it amounts to both confiscation and double taxation.
NEWS
December 4, 2002
Run-off election would undo damage of phone message Re: "Consultant cops to phony phone message," Nov. 21. It seems as though we've had more than our share of questionable election and campaign procedures over the last couple of years in Newport Beach. Whether the actions of campaign consultant Dave Ellis, hired by Councilman Gary Adams, affected the outcome of the election is impossible to prove and immaterial. The real issue is that these tactics cast doubts about the integrity of Adams and the entire process.
NEWS
July 21, 2005
Frank Forbath Much has been written in the local press -- pro and con -- about the imprint that Rep. Chris Cox leaves behind as he waits to take over the Securities and Exchange Commission leadership, replacing William Donaldson. Cox will be remembered in Newport-Mesa for his support of federal funding for Back Bay dredging and its environment and for his work to continue limiting flights out of John Wayne Airport. Others will remember his abandonment of support for an El Toro airport -- with its in-place billion dollar infrastructure and thousands of acres of resident-free noise protection.
NEWS
April 7, 2005
Alicia Robinson If you've been craving face time with Newport Beach Rep. Chris Cox, turn on your TV this Sunday. Cox will appear on CBS's "60 Minutes" to discuss his legislation that would divvy up federal funding for emergency responders according to an area's risk for terrorist attack, instead of a formula devised by politicians. Under the current formula, 40% of the funding is split equally between the 50 states, and the other 60% is given out based on state populations.
NEWS
December 19, 2000
Paul Clinton NEWPORT BEACH -- Local Rep. Chris Cox's name, over the past several years, has often been connected with some of the most prestigious offices in the land -- vice president, speaker of the House and U.S. Senate. But this time, whispers of the congressman's name have rarely been heard in the Washington rumor mills. As an attorney in the Reagan administration, Cox would seem to be a natural to join George W. Bush's White House staff. Don't count on it happening any time soon.
NEWS
February 10, 2005
Alicia Robinson Health care costs in the U.S. will shrink if a bill to reduce the cost of doctors' liability insurance is approved by Congress, said Rep. Chris Cox, who wrote the bill. Cox, a Newport Beach Republican, believes the bill would reduce health care expenses enough to save taxpayers $18 billion over 10 years. Despite that projected savings, however, the bill has apparently failed five times to become law, though Cox's House colleagues have passed it. Not one to give up, Cox reintroduced the bill last week.
NEWS
August 29, 2002
The two faces of Newport-Mesa's congressional representation were on display Wednesday morning as Reps. Chris Cox and Dana Rohrabacher spoke to a joint breakfast meeting of the Newport Beach and Irvine chambers of commerce. Cox, well-pressed and well-dressed in a Washington power suit, spoke matter-of-factly and professorially about the national budget and the country's economic hard times of late. Rohrabacher, in what approached an army jacket and khakis, lobbed some fiery rhetoric about our national security.
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NEWS
July 21, 2005
Frank Forbath Much has been written in the local press -- pro and con -- about the imprint that Rep. Chris Cox leaves behind as he waits to take over the Securities and Exchange Commission leadership, replacing William Donaldson. Cox will be remembered in Newport-Mesa for his support of federal funding for Back Bay dredging and its environment and for his work to continue limiting flights out of John Wayne Airport. Others will remember his abandonment of support for an El Toro airport -- with its in-place billion dollar infrastructure and thousands of acres of resident-free noise protection.
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NEWS
April 28, 2005
Christopher Cox I sincerely hope that the headline on S.J. Cahn's recent piece on the death tax ("Estate tax headed for a GOP stake in heart this time") will prove to be accurate. What I can say with certainty is that Cahn is completely correct that I have been waging a long campaign against the death tax. Cahn reports with 100% accuracy that if I have my way, no one will ever pay this tax again. He is also correct when he reports that most Americans favor a repeal of the death tax, and I believe I know why. It relates directly to one sentence in Cahn's piece that is not entirely accurate.
NEWS
April 7, 2005
Alicia Robinson If you've been craving face time with Newport Beach Rep. Chris Cox, turn on your TV this Sunday. Cox will appear on CBS's "60 Minutes" to discuss his legislation that would divvy up federal funding for emergency responders according to an area's risk for terrorist attack, instead of a formula devised by politicians. Under the current formula, 40% of the funding is split equally between the 50 states, and the other 60% is given out based on state populations.
NEWS
February 10, 2005
Alicia Robinson Health care costs in the U.S. will shrink if a bill to reduce the cost of doctors' liability insurance is approved by Congress, said Rep. Chris Cox, who wrote the bill. Cox, a Newport Beach Republican, believes the bill would reduce health care expenses enough to save taxpayers $18 billion over 10 years. Despite that projected savings, however, the bill has apparently failed five times to become law, though Cox's House colleagues have passed it. Not one to give up, Cox reintroduced the bill last week.
NEWS
June 19, 2003
Paul Clinton Rep. Chris Cox's dogged effort to eliminate the estate tax bore fruit Wednesday, as the House passed a proposal he has been carrying since 1993. In a 264-163 vote, the House approved a full repeal of the tax on inheritances, which would go into effect in 2010. In 2001, Congress passed a partial repeal of the "death tax," as it has been dubbed by opponents. The tax was first implemented after the Civil War as a way to pay off the country's war debts.
NEWS
December 4, 2002
Run-off election would undo damage of phone message Re: "Consultant cops to phony phone message," Nov. 21. It seems as though we've had more than our share of questionable election and campaign procedures over the last couple of years in Newport Beach. Whether the actions of campaign consultant Dave Ellis, hired by Councilman Gary Adams, affected the outcome of the election is impossible to prove and immaterial. The real issue is that these tactics cast doubts about the integrity of Adams and the entire process.
NEWS
November 24, 2002
In a recent letter to the editor of the Daily Pilot, Wallace Wood of Costa Mesa wrote that the Death Tax "is simply the income tax levied on huge inheritances, and rightly so." That's a common misconception, and it deserves a response. In fact, the Death Tax is a property tax -- not an income tax. One needn't have any income at all to owe it. And because it is levied on an individual's after-tax life savings at rates far in excess of income taxes, it amounts to both confiscation and double taxation.
NEWS
November 12, 2002
Paul Clinton Rep. Chris Cox declared victory Monday in his decade-long battle to permanently wipe out the estate tax, which has sapped the inheritances of well-to-do families since the Civil War. Cox, who introduced his first bill to eliminate the tax in 1993, predicted that new faces in Congress -- many of whom are Republican -- should put the repeal over the top. "Now that President Bush has a working majority in...
NEWS
August 29, 2002
The two faces of Newport-Mesa's congressional representation were on display Wednesday morning as Reps. Chris Cox and Dana Rohrabacher spoke to a joint breakfast meeting of the Newport Beach and Irvine chambers of commerce. Cox, well-pressed and well-dressed in a Washington power suit, spoke matter-of-factly and professorially about the national budget and the country's economic hard times of late. Rohrabacher, in what approached an army jacket and khakis, lobbed some fiery rhetoric about our national security.
NEWS
December 19, 2000
Paul Clinton NEWPORT BEACH -- Local Rep. Chris Cox's name, over the past several years, has often been connected with some of the most prestigious offices in the land -- vice president, speaker of the House and U.S. Senate. But this time, whispers of the congressman's name have rarely been heard in the Washington rumor mills. As an attorney in the Reagan administration, Cox would seem to be a natural to join George W. Bush's White House staff. Don't count on it happening any time soon.
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