Spending Millions to Save Billions

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Spending Millions to Save Billions

The Campaign of the Super Wealthy to Kill the Estate Tax

Members of eighteen super-wealthy families have quietly helped finance and coordinate a massive campaign to repeal the estate tax. These families, the owners and majority shareholders of some of the largest companies in the U.S., have cumulatively spent hundreds of millions of dollars over the years in order to kill the estate tax, because they stand to gain billions of dollars in tax savings.

The dollars spent by this elite group of Americans have been used to develop an anti-estate tax lobbying leviathan. These families have also contributed massive amounts as campaign contributions to candidates that would support their unjust cause, and to organizations that mislead the general public with fear-mongering ad campaigns.

What's at stake is more than just billions of dollars in tax revenue. When our government allows policies to be drafted according to the demands of a wealthy minority, the very principles of American democracy are placed in jeopardy.

Read the full report (PDF 1.8MB)

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