Cost of gutting the estate tax: $1 Trillion - TRUE MAJORITY ACTION ALERT >

Impact on our country: Immeasurable

Health care funding is being slashed, education money is lacking, and the most important issue for the Senate is... dropping taxes on a millionaire's inheritance?

Senate majority Leader Bill Frist (R-TN) wanted to hold a vote to repeal the estate tax last fall. Because of Hurricane Katrina, however, it was thought unseemly to pass yet another tax giveaway and add nearly a trillion more dollars to the deficit. Now they're back at it, though. A vote to either repeal the tax outright or else "reform" it to near extinction is planned for next week.

Tell your Senator: Enough is enough, no more tax cuts for millionaires.

When the debate starts next week, TrueMajority members will also be making rapid-response phone calls to the Senate. If you take action today we'll make sure you get an immediate update when that happens.

The issue could not be more clear-cut. The estate tax causes no one any hardship - no one even pays it unless they have more than $2 million in assets (99% of estates are not taxed at all). But erasing that tax revenue would cost our country nearly $1 trillion over the first ten years. That would cause plenty of hardship. Already we have deficits projected as far as the eye can see, and Congress is considering cuts in important programs ranging from Medicaid to education to food stamps.

A stealth "reform" proposal by Sen. Jon Kyl (R-AZ) is nearly as bad, and would drop about 84% as much money from the budget as the outright repeal.

Tell your Senator to oppose another millionaire giveaway. To send your message to your senators, visit the following site to take action:


http://action.truemajority.org/campaign/taxcuts

Screw you. The working class.

The GOP is more concerned with banning gays, and protecting the Paris Hilton/George Bush's of the world.