Preserve the Estate Tax
Saturday, July 30, 2005
United Church of Christ Justice & Witness Ministries Action Alert
Before Congress adjourns for its August break, the Senate leadership wants to eliminate the estate and gift tax, a tax that only applies to the wealthiest 1.4 percent of U.S. families. The House has already passed similar legislation. Exemptions in the estate tax already make it virtually certain that family farmers, homeowners and most upper-income asset holders will never pay inheritance taxes. The estate tax is our most fair and progressive tax, because it taxes only those who are already wealthy and have the ability to pay. It also provides critical revenues at a time when Congress is facing major cuts in social programs. Contact your senators and urge them to preserve the estate tax.
Click here to take action.
Related Link: The Estate Tax: Myths and Realities from the Center on Budget and Policy Priorities
Related Post: Would Jesus Pass Tax Cuts For The Rich And Leave The Least Of These Behind?