David Cay Johnston on "Free Lunch" For the Rich by the Rich

[Stinger2]

David Cay Johnston on "Free Lunch" Estate Tax/Death Tax, For the Rich by the Rich

http://www.youtube.com/watch?v=bWVOPy7NaDM


David Cay Johnston

Johnston received the 2001 Pulitzer Prize for Beat Reporting "for his penetrating and enterprising reporting that exposed loopholes and inequities in the U.S. tax code, which was instrumental in bringing about reforms." He also won the Book of the Year award from Investigative Reporters & Editors.

http://en.wikipedia.org/wiki/David_Cay_Johnston


Wealthy Families Behind Estate Tax Repeal
Public Citizen and United for a Fair Economy released a report today claiming that the 10-year effort to repeal the estate tax has been financed and coordinated by just 18 families:
Allyn-Soderberg Family (Welch Allyn Inc.)
Blethen Family (Seattle Times Co.)
Cox Family (Cox Enterprises, Inc.)
DeVos and Van Andel Families (Alticor/Amway)
Dorrance Family (Campbell Soup Company)
Gallo (E&J Gallo Winery)
Harbert Family
Johnson Family (BET, RLJ Development Co.)
Koch Family (Koch Industries)
Mars Family (Mars Inc.)
Mayer Family (Captiva Resources)
Nordstrom Family (Nordstrom Inc.)
Sobrato Family (Sobrato Development)
Stephens Family (Stephens Inc.)
Timken Family (The Timken Company)
Walton Family (Wal-Mart)
Wegman Family (Wegmans Food Markets, Inc.)
Report: Spending Millions to Save Billions: The Campaign of the Super Wealthy to Kill the Estate Tax:

http://taxprof.typepad.com/taxprof_blog/2006/04/wealthy_familie.html

The last decade has been for the rich by the rich, then Tax all of us to pay for the underhanded dealing.

[Seldona]

1. Thanks for the links.

Great op.