Help Kill the Death Tax!

By a vote of 272 to 162 in April, the House of Representatives passed H.R. 8, the Death Tax Repeal Permanency Act of 2005, which would make 2001's temporary repeal of the estate tax permanent.  The Senate will now vote on H.R. 8, and we need you to send a powerful message to your U.S. Senators to kill the "death tax"!

President Bush’s 2001 tax cut package has gradually reduced the estate tax rate from 55 percent and increased the exemption from $650,000, with the estate tax slated for complete elimination in 2010 - but only for one year.  When 2011 rolls around, the death tax rate will revert to 55 percent and the exemption will fall back to $675,000. 

Not only has this situation created complexity and uncertainty for many Americans as they plan for their future, but the death tax by its very nature has always been economically and morally wrong.  It punishes those who work hard and save for their children and grandchildren and undermines the ability of family farms and businesses to survive from one generation to the next.  The death tax is also unfair because it taxes assets that have already been taxed at least once.

While a majority of Senators want to repeal the death tax, a vocal minority in the "tax 'em more" crowd want to prevent a floor vote by conducting a filibuster, which would require 60 votes to override.

Send an urgent message to your U.S. Senators today to oppose a filibuster of H.R. 8 and vote to kill the death tax!

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