Action Alert: We need your help to preserve the estate tax

We need your help to preserve the estate tax. Please call the Capitol Hill switchboard at (202) 224-3121 and tell your Senators that they cannot allow the federal estate tax to expire in 2010.

If Congress takes no action before the end of the year, the estate tax will expire for 2010. Let them know NOW that you support the tax, and that you are against tax breaks for multi-millionaires and billionaires.

Thanks for your support,
Chuck Collins, Alison Goldberg, Scott Klinger, Ann Manning and Bill Lyons
Wealth for the Common Good

BACKGROUND on the estate tax:

The U.S. House voted on Dec. 3 to permanently extend the estate tax at its current level. The Senate should do the same or at least pass a one-year extension of the estate tax. Sen. Baucus has implied the Senate may adjourn before addressing the estate tax, and return in early 2010 and retroactively impose it.

In either scenario, your Senator needs to hear from you. According to the Center for Budget and Policy Priorities, if the estate tax were to expire, family farms and small businesses would actually be worse off.

Here’s an op-ed by Bill Gates Sr. and Chuck Collins: Stephen King meets the estate tax.