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CALL SENATORS TUESDAY - NO ESTATE TAX REPEAL ( 800-459-1887 )

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Sapphire Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 09:49 PM
Original message
CALL SENATORS TUESDAY - NO ESTATE TAX REPEAL ( 800-459-1887 )
From the Coalition on Human Needs (http://www.chn.org)...

Call Tuesday to tell the Senate NOT to Slash the Estate Tax!

We hope you will join with people across the country on Tuesday, June 6 to call your Senators with a simple message:

    “Please vote no on any effort to repeal or drastically cut the estate tax. With all the problems this nation faces, the Senate should not be wasting our national resources and its time on a giveaway of hundreds of billions of dollars (or even more!) to a handful of multimillionaires.”

Toll-free Number: 800-459-1887

Use the toll-free number above to reach the U.S. Capitol Switchboard and ask to be connected to your Senators' offices. Call twice - once for each Senator. (The person at the switchboard can figure out who your Senators are if you're not sure). When you’re connected, please give the message above.

The toll-free number is provided courtesy of the American Friends Service Committee which has launched a budget campaign, http://www.afsc.org/economic-justice/sos/ AFSC welcomes groups to circulate and use the toll-free number in support of non-partisan budget goals and without linking the alert to a website soliciting donations or actions which may be used to support partisan lobbying or work.

Where things stand: In order to get the estate tax repeal (H.R. 8) on the Senate floor, there needs to be a “motion to proceed.” That vote is now expected as early as this Thursday, June 8. Opponents of repeal will object, and then it will take 60 votes to move forward and take up the estate tax. This is tricky, because some Senators may vote to start the debate, even if they say they oppose repeal. But in our view, there is a very long list of items the Senate should be taking up before this – like, say, raising the minimum wage, extending unemployment benefits for Katrina survivors (benefits just expired!), reversing recently enacted cuts in vital services, and getting to work protecting services from additional cuts in the new appropriations bills. So we think a motion to proceed to repeal/slash the estate tax is a dangerous step in the wrong direction. We have a good chance of stalling repeal now if Senate offices hear from us.

Very useful new state data: Citizens for Tax Justice has pulled together brand new data (http://www.ctj.org/pdf/estate0606.pdf) from the IRS showing how many estates paid the estate tax in 2004, broken down by state. For example, in Maine, only 124 estates were subject to the tax in 2004 – only 1 percent of the total deaths in the state the year before. Nationwide, only a little more than 30,000 multi-millionaire estates paid this tax on inheritance. And remember – starting in 2009 estates worth less than $3.5 million are exempt (or less than $7 million for couples). That’s up from the current $2/$4 million exemption – and that means even fewer will be paying the tax in the future than paid it in 2004.

We hope you will forward this request to make calls to your networks, and that you will call on Tuesday. Thanks!

==============================================
Please forward this e-mail!

Do not reply to this email. See our contact information at http://www.chn.org/about/staff.html to contact us directly.

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Lochloosa Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 09:52 PM
Response to Original message
1. K/R
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Jeffersons Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 10:03 PM
Response to Reply #1
4. kick
ouch! said the troll. "i hate when jg goes to page 2 and does that k&R stuff!"
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WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 09:52 PM
Response to Original message
2. Let me tell you something....
If they get rid of the Estate Tax....

You can kiss our egalitarian society good bye....

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Jeffersons Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 10:01 PM
Response to Original message
3. Kicked and Recommended
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ClassWarrior Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 10:04 PM
Response to Original message
5. NO to the Paris Hilton tax cut!!
NGU.


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Jeffersons Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-06-06 02:12 PM
Response to Reply #5
12. finally the correct name PARIS HILTON TAX CUT!
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Sydnie Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 10:06 PM
Response to Original message
6. Thank you for the important reminder Sapphire Blue
will get on it tomorrow morning.

Hope you are feeling your absolute best these days too! :hug:
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MikeNearMcChord Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-05-06 10:24 PM
Response to Original message
7. I think I might have some good news
This is from the LA Times. I'll post it, if it hasn't been posted yet.
http://www.latimes.com/news/nationworld/nation/la-na-estatetax4jun04,0,6852939.story?coll=la-home-nation
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Jeffersons Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-06-06 01:12 PM
Response to Reply #7
10. kick
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ClassWarrior Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-06-06 06:54 AM
Response to Original message
8. .
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Sapphire Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-06-06 12:09 PM
Response to Original message
9. kick
:kick:
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dogday Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-06-06 01:14 PM
Response to Original message
11. Is useless for me, but I do it anyway
Texas Senators up the admin's anus pretty bad....
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PA Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-06-06 02:36 PM
Response to Original message
13. Done.
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BurgherHoldtheLies Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-06-06 03:37 PM
Response to Original message
14. "Grateful Heirs Tax" (Bill Gates Sr.)
Proponents of full repeal have dubbed the estate tax the death tax to scare Americans. But local philanthropist Bill Gates Sr. prefers to call it a grateful heirs tax, one the wealthiest among us should be happy to give back to society in recognition of the public infrastructure, education and technology that made their families' success possible.

The estate tax is among the most progressive forms of taxation we have. It does not squeeze the rich or punish the successful, but as even Andrew Carnegie and Theodore Roosevelt said, it asks only that the wealthiest among us pay their fair share. A repeal of the estate tax would only increase the deficit and leave a larger burden on our children and grandchildren. That is bad policy and it goes against Washingtonians' values.

Senators must choose between the interests and welfare of 99.7 percent of Americans or a tiny group of the superwealthy. Our praise goes to Cantwell and Murray for continuing to see through the web of fear and deception and voting to preserve the estate tax.

http://seattlepi.nwsource.com/opinion/272816_estatetax06.html
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Sapphire Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-06-06 04:52 PM
Response to Original message
15. Estate Tax Pyramid Scheme
Estate Tax Pyramid Scheme
Robert B. Reich
June 06, 2006

Before your good senator pulls the plug on the estate tax—and keep an eye on him or her this week and next—consider this: the earnings of nearly everyone used to rise with rising productivity. That’s no longer true. Today’s workers are 24 percent more productive than they were five years ago but their median real earnings have barely budged.

What’s happened to all this extra value? A big chunk has gone to people earning over $1 million a year—mostly CEOs, investment bankers and hedge fund managers. This past year, 25 hedge fund managers each took home at least $130 million. Henry Paulson, our about-to-be Treasury Secretary, pocketed over $30 million. Average CEO pay back in 1966 was 60 times that of the typical American worker. Now it’s 400 times. Exxon’s former chairman just got a thoughtful retirement package of close to $400 million.

(snip)

According to a new report from United for a Fair Economy, 18 families worth a total of $185 billion have financed and coordinated the repeal campaign. They’ve underwritten the massive PR drive that fooled most Americans into thinking the estate tax was a "death" tax that would fall on them. They posed as small businesses and family farmers, saying their livelihoods would be threatened unless the tax were repealed. In fact it’s hard to find a small business or family farm with an estate valued at more than $4 million.

Most of these 18 families have been wealthy for decades. Only five of them include any of the people who first earned the family fortune. If they succeed in their repeal campaign, they’ll save a total of $71 billion on their tax bills. That’s a healthy return on their investment in politics. Maybe you call this entrepreneurship. I call it further proof of the danger of concentrated wealth.

http://www.tompaine.com/articles/2006/06/06/estate_tax_pyramid_scheme.php




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AzDar Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-06-06 05:01 PM
Response to Original message
16. kickety-kick... n/t
:kick:
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Sapphire Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 11:56 AM
Response to Original message
17. kick... for calling today
:kick:
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