WV Estate Tax Report

CAG

September 15, 2005

Share via

Conclusion:

The estate tax is the most progressive tool we have to raise the funds the United States
needs to provide vital services to every community. But thanks to a concerted effort from
the nation’s wealthiest heirs and an administration that places a high priority on cutting
taxes for multimillionaires, the estate tax is in danger.

Repeal or drastic reduction of the estate tax is unnecessary and dangerous, and would
benefit a tiny number of West Virginia multimillionaires at the expense of education,
environmental protection, community development, health care, and other services that
benefit all of us. The lost revenue will compound the current deficit crisis, leaving working
and middle class West Virginians to foot the bill or suffer the consequences.

The choice for Congress is clear: preserve the estate tax and protect our communities.

View or download the PDF below: