UFE Estate Tax Teleconference with Gates, Bogle, Rockefeller

PRESS ADVISORY

Contact:

  • Lee Farris, United for a Fair Economy, 617-423-2148 x133 or 617-835-7725 after business hours.
  • Shonna Carter and David Lerner, Riptide Communications, 212-260-5000

WEALTHY INDIVIDUALS CALL ON CONGRESS TO STRENGTHEN
ESTATE TAX BEFORE HOLIDAY RECESS

Bill Gates, Sr., Mutual Fund Founder John Bogle, Richard Rockefeller and Others
to Participate in Teleconference on the Need for a Strong Estate Tax

 Boston, MA, December. 11, 2009  - As Congress prepares for the holiday recess, a group of wealthy individuals together with a national labor union, organized by United for a Fair Economy, are calling on the Senate to act before the break to strengthen the Federal Estate Tax.  The tax will disappear for one year in 2010 unless Congress takes immediate action to either pass a one-year extension or a permanent estate tax.  The US House recently passed a bill that would permanently set the exemption level at $3.5 million per person ($7 million per couple), which would cost $234 billion over 10 years.

WHAT

Teleconference: Need for strong Estate Tax

WHO

William H. Gates, Sr., Co-Chair of the Bill and Melinda Gates Foundation

John C. Bogle, founder and retired CEO of The Vanguard Group

Richard Rockefeller, MD, family physician, Chair of the Board of Rockefeller Brothers Fund and great-grandson of John D. Rockefeller

Anna Burger, Secretary/Treasurer of Service Employees International Union (SEIU)

Lee Farris, Estate Tax Policy Coordinator, United for a Fair Economy

CALL-IN NUMBER

(800) 681-9883, Conference ID: 47047686

WHEN

Tuesday, December 15, 11:00 am (1 hour)


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