D.O.T.E. Act Repealed

Satirical News Service
Washington DC

In a controversial move Congress has repealed the DOTE act or amnesty for Decedents of Over-privileged Tax Evaders that was originally signed into law during the last Bush administration. Basically it stipulated that children of Real Estate Magnates, Hedge Fund Managers, and CEO’s of large corporations, who had evaded taxes for years, would now be held liable for taxes that their elders owed the state and federal government.

An anonymous spokesperson for a group whom we shall call “Little Lord Fauntleroy” stated this

“Through no fault of our own, we now face an uncertain future. Imagine, having grown up with every privilege imaginable  - private schools, gated communities, country clubs – now having to face to possibility of living a middle class life style that is completely foreign to us. We had no control over our parents’ tax returns. They just said 'Don’t worry about it – I have the best accountants in the country on this'. How were we in any way responsible? I have a young son now who might have to attend a bi-lingual public school in a middle class neighborhood. My country club could bar us. This is just not fair!”

According to those who are supporting the repeal they stated that “The law is the law!” Even though they may not be directly responsible for their parents’ illegal actions, they must carry the consequences and assume all the back taxes and penalties going back to their great grandparents. Just because they are over-privileged through no actions of their own, doesn’t give them the right to take away the right of others to become over-privileged who have paid all their fair share of taxes.