April 15, 2015

PLEASE SIGN IF YOU AGREE


As Americans around the country file their taxes, Congress is planning to vote today to cut taxes for the richest 0.2% of Americans. If there was any question about whose side they're on, a passing tax cut that would only impact estates larger than $5.4 million while claiming we can't afford our Social Security system makes it clear.
Tell House Speaker John Boehner that the super-rich should pay their fair share—they don’t need another tax cut. Don’t touch the federal estate tax!


Before Congress left on their holiday recess, they passed a budget that would cuts taxes for the wealthiest Americans while also slashing funding for earned benefits and critical programs such as food stamps and education. This week, Congress returns to Washington and further demonstrates their contempt for the middle class by spending Tax Day voting to cut taxes for the richest 0.2% of Americans.

As if the $3 trillion tax giveaway to the super-rich embedded in their budget wasn’t enough, they now want to deliver an additional $269 billion tax cut that would only impact two out of every 1,000 estates.
Tell House Speaker John Boehner that the super-rich should pay their fair share—they don’t need another tax cut. Don’t touch the federal estate tax!
The estate tax has been slashed twice already--In 2001 as part of the Bush tax cuts, and again in 2012. It has been reduced to the point where it now only effects estates worth more than $5.4 million for individuals or $10.9 million for couples. Instead of repealing it, Congress should restore the estate tax to its pre-Bush levels and could use that income to expand Social Security.

At a time when Congress is cutting the federal budget by $5 trillion and devastating our economic foundations, we should be looking for ways to support millions of families, not developing new ways to pad the bank accounts of the super-rich.
Join Social Security Works and our partners in opposing repeal of the estate tax; a tax cut which benefits the top 0.2%!

When millionaires and billionaires finally start paying their fair share, we can extend the lifespan of the Social Security trust fund and expand benefits for millions of Americans.