Oneida Daily Dispatch: Estate tax breathes life into economy

A century ago, President Theodore Roosevelt expressed alarm about the dangerous concentration of wealth and power in the U.S., and called on the incoming 60th Congress to establish a federal estate tax on large fortunes. Its primary objective, Roosevelt said, […]

: PRI’s The World: Rich Germans want more taxes

Aired on 12 November 2009. Linked from The World. Germany’s new conservative ruling coalition is proposing steep tax cuts to help end the economic crisis. That’s sending Germany’s deficit soaring, so a group of very rich citizens says it wants […]

The Huffington Post: An Estate Tax Victory by Any Other Name

Sometimes you can’t declare victory until the other side concedes defeat. That’s what happened Monday in the decade-long struggle over the future of the federal estate tax, our nation’s only levy on inherited wealth. The coalition of corporate lobbyists and […]

The Hill: Buffett tells Dems rich need to pay more

Warren Buffett, the renowned investor and the world’s second richest man, told Senate Democrats that wealthy Americans need to pay higher taxes, giving Democrats something to mull as they address healthcare reform and soaring federal deficits. Senate Democrats met with […]