On Tax Day, this week, the U.S. House of Representatives plans to vote to repeal the federal estate tax, giving billionaires and multi-millionaires a giant gift of $27 billion per year.
Click here to help stop them. We can't let this happen. The wealth of the rich has skyrocketed in recent years. Inequality continues to become more extreme. Only individual estates worth more than $5.4 million (and almost $11 million for a married couple) pay any estate tax at all. Just two out of every 1,000 estates are affected. The House recently adopted a budget that cuts $5 trillion in benefits and services that mostly help working families. Now it will vote on a huge tax giveaway to the rich. That's outrageous! Click here to sign our petition, with RootsAction and many allies in a huge coalition effort, to preserve the federal estate tax. Contrary to myth, not a single family farm has ever been lost to the estate tax. The wealthiest Americans need to pay their fair share of taxes. We need an economy that works for all, not just the wealthy few. After signing the petition, please forward this message to your friends. -- The RootsAction.org Team P.S. RootsAction is an independent online force endorsed by Jim Hightower, Barbara Ehrenreich, Cornel West, Daniel Ellsberg, Glenn Greenwald, Naomi Klein, Bill Fletcher Jr., Laura Flanders, former U.S. Senator James Abourezk, Coleen Rowley, Frances Fox Piven, Lila Garrett, Phil Donahue, Sonali Kolhatkar, and many others. P.P.S. This work is only possible with your financial support. Please donate. | |||||