Urge Your Senator to Vote Against Estate Tax Repeal
The Senate may soon vote on a bill eliminating the estate tax. The House of Representatives has already
passed a permanent repeal (on April 18th, 2005).
We need fiscal responsibility from our government, not another tax break
for millionaires. Currently, the estate tax only taxes estates worth more
than $1.5 million ($3 million for married couples) -- less than 2 percent of Americans
pay any of this tax -- and the first million and a half is tax-free!
Eliminating this tax will cost around $970 billion in lost federal
government revenue over the first ten years of full repeal, and will benefit only a very
small fraction of the wealthiest individuals in the country.
Click here to send an email urging your Senator to vote against
the permanent repeal of the estate tax.
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