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Paris
Hilton
Hotel heiress
Inheriting
$27.5 Million
Does the GOP think
the Estate Tax is
Indecent?
The Estate Tax
only affects
fortunes of
More than
$3 Million
The progressive
Rate starts low
And goes up with the fortune.
202-225-6827 Congress.org
Taxpolicycenter.org
Ombwatch.org/estatetax
ProgressAmerica.org
FairEconomy.org
ResponsibleWealth.org
Only the richest 2 percent of Americans ever pay any estate tax at all. Half of all estate taxes are paid by the top 0.14% of Americans who leave estates larger than $5 million. In 2001, half of all estate taxes were paid by just 3,502 multi-millionaires
Repealing the Estate Tax would reduce annual charitable giving by $10 billion
Paris Hilton will inherit:
$27.5 million
The Republicans are outraged to see nearly HALF of the MILLIONS that Paris Hilton and hundreds of other wealthy heirs have partied so hard for go instead to help state and local governments pay for teachers, police, firefighters, healthcare for children, security for the aged, better roads and safer streets across America.
Repealing the Estate Tax would cost more than $1 TRILLION in the next 20 years alone.
No family farm has ever been lost to the Estate Tax