What about the estate tax is harmful to the AVERAGE American?

Question

Not the rich, the average person.

43- This dude is funny

Answer 1

Hey forget about the average American. They will all die with the bird flu.

I got the cash and no stupid estate tax will get it from me.

Before you start talking trash about the Redpublican tax laws go make some money for yourself.

Go big Red Go

Answer 2

Nothing about the estate tax touches the average american worker. The estate tax affects those who have over 2 million dollars in assets.

Answer 3

Nothing if your single you only pay if its over 2 million.married 4 million.............its the super rich who are pushing to reform the estate tax dont be fooled.........Bush and the republicans love soaking the rich.newsletter above.



PRESS RELEASE: GRAMM-KYL ESTATE TAX PLAN THREATENS TAXPAYERS WITH $850 BILLION PRICE TAG

Proposal Leaves Most Americans to Pick Up the Tab for a Few Multi-Millionaires, Americans for a Fair Estate Tax Coalition Warns

FOR IMMEDIATE RELEASE
Wednesday, May 29, 2002 Contact: Gary Bass – [phone]
OMB Watch

Betsy Leondar-Wright – [phone], ext. 13
Responsible Wealth

Rick Cohen – [phone] (w) /[phone](c)
National Committee for Responsive Philanthropy



Proposal Leaves Most Americans to Pick Up the Tab for a Few Multi-Millionaires, Coalition Warns
WASHINGTON – American taxpayers may be stuck paying $850 billion in taxes normally paid by the super-wealthy if a measure currently before the U.S. Senate becomes law, according to a warning issued by Americans for a Fair Estate Tax (AFET), a non-partisan coalition of nonprofit organizations concerned about repeal of the estate tax. The threat comes from a tax plan by Sens. Phil Gramm, R-Texas, and Jon Kyl, R-Ariz., to permanently mandate that multi-million-dollar estates would never have to pay any taxes. The Senate is expected to vote on the issue in June.

“The Senate should reject the Gramm-Kyl tax plan to permanently repeal the estate tax,” said Gary D. Bass of OMB Watch and chair of AFET. “We cannot afford to sacrifice Medicare, Social Security, education, homeland security and other key national priorities just to permanently mandate a special gift to a few multi-million-dollar estates at the expense of 98 percent of American taxpayers.”

AFET last week issued a letter to several thousand of its member organizations’ constituents, advising them of the danger of the Gramm-Kyl estate tax plan

Answer 4

Nothing is harmful to anyone because of the estate taxes. 90% are exempt and the remaining 10% are helped by it so that they all don't end up with Paris Hilton type children having mega-wealth handed to their lazy, undeserving butts.

Answer 5

FALSE! the estate tax doesn't kick in until the estate is worth approx. $600,000, no family farm has been lost to the estate tax, less than 1% of estates are affected at all.

Answer 6

Yes, if it don`t pass America will take in less tax to invest in the country plus we need this tax to try to make up for the outsourcing corporations that channel money to the Caymans so they can`t be taxed.

Answer 7

not the average person. dems are going nuts over this.

Answer 8

No, but it does hurt farmers and rancher and small business owners...as well as the super-wealthy.