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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