We had a server outage, and we're rebuilding the site. Some of the site features won't work. Thank you for your patience.
imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Calendar Publish RSS
Features
latest news
best of news
syndication
commentary


KILLRADIO

VozMob

ABCF LA

A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List

LAAMN List




IMC Network:

Original Cities

www.indymedia.org africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech

Surviving Cities

www.indymedia.org africa: canada: quebec east asia: japan europe: athens barcelona belgium bristol brussels cyprus germany grenoble ireland istanbul lille linksunten nantes netherlands norway portugal united kingdom latin america: argentina cmi brasil rosario oceania: aotearoa united states: austin big muddy binghamton boston chicago columbus la michigan nyc portland rochester saint louis san diego san francisco bay area santa cruz, ca tennessee urbana-champaign worcester west asia: palestine process: fbi/legal updates process & imc docs projects: radio satellite tv
printable version - js reader version - view hidden posts - tags and related articles

BILLIONAIIRES APPLAUD BUY-PARTISAN TAX BREAK FOR THE RICH

by Robert Baron Friday, May. 18, 2001 at 8:28 PM
creativeaction@ufenet.org 1-877-JOIN-UFE x36

As the Senate debates the .35 trillion tax cut package, Billionaires for Unlimited Inheritance, a coalition of the mega-rich, are urging the Senate to pass the measure without delay. They are particularly pleased that the legislation on the floor will abolish the estate tax, thus helping them to keep vast wealth accumulating within their families for generations.

For Immediate Release – May 16, 2001

Contact: Robert Baron (aka Matt)

617-423-2148 x36

Betsy Leondar-Wright

(617) 423-2148 x13



Billionaires Applaud Buy-Partisan Plan to End Estate Tax

As the Senate debates the .35 trillion tax cut package, Billionaires for Unlimited Inheritance, a coalition of the mega-rich, are urging the Senate to pass the measure without delay. They are particularly pleased that the legislation on the floor will abolish the estate tax, thus helping them to keep vast wealth accumulating within their families for generations. The only potential pitfall the billionaires can imagine in this profitable scheme would be if the rabble call their Senators to object.

At the Republican and Democratic conventions this summer, the Billionaires were out in full force, holding a Million Billionaire March to demonstrate their influence over the candidates and show off their fiscal prowess. They were featured in the Washington Post, Philadelphia Inquirer, Boston Globe, BBC, Time Magazine, and several major networks in Philadelphia and Los Angeles.

Once the election season was over, the Billionaires began to focus on winning tax cuts for themselves, particularly the abolition of the estate tax. "A tax aimed at the top 2% is a tax aimed at us," said co-chair Phil T. Rich. "We’ve paid far too much in campaign contributions to pay these taxes as well!"

"Moreover," added co-chair Robert Baron, "how can we cultivate a sense of entitlement in our children if we can’t promise them massive untaxed inheritances?"

Rich added that the cooperation of both parties has proved vital in the tax package’s progress thus far. "Four Democratic Senators supported this bill in the Senate Finance Committee. It shows the wisdom of our buy-partisan strategy of buying both Democrats and Republicans. This way, we always win!"

Baron concluded that all looked rosy for the billionaires, as long as no lowly constituents call their Senators today at (202) 224-3121 to urge them to preserve the estate tax. "I suppose that a large upsurge of opposition from the rabble could get in our way," said Baron. "It would be a real problem if many of them were to call Senator Feinstein at (202) 224-3841. But we trust that no one will bother to call their Senators. There are good programs on TV this week, and we urge everyone to watch those instead!"

Representatives of Billionaires for Unlimited Inheritance are always available for interviews. More information about the organization is available at the website www.billionairesforunlimitedinheritance.com.

###

Billionaires for Unlimited Inheritance is a non-partisan spoof created by United for a Fair Economy to draw attention to the connection between estate tax repeal, campaign finance, and economic inequality.

Report this post as:

© 2000-2018 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy