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As House Conservatives Peddle Falsehoods to Justify Repealing the Estate Tax This Week, GOP Leaders Dishonestly Claim to Be Concerned About Income Inequality

Tax Fairness Coalition Uses Conservatives’ Own Words to Expose Hypocrisy and Misinformation

Washington, D.C. – Ahead of the vote to repeal the federal estate tax taking place in the U.S. House of Representatives this week on Tax Day, Americans for Tax Fairness (ATF) has compiled a list of direct quotes from conservative leaders exposing the misinformation being spread to justify this tax giveaway to the wealthiest 0.2%. ATF also collected quotes from conservative leaders expressing their concern about income inequality, exposing the hypocrisy of claiming to care about the growing gap between the wealthy and everyone else while voting for a $270 billion tax giveaway to the estates of multi-millionaires and billionaires.

The full list of false conservative claims about the estate tax can be found here.

To get hypocritical quotes from conservatives about income inequality click here.

“Conservatives know their economic priorities are extremely unpopular – the American people want an economy that works for everyone, not just the wealthy few. So when they try to eliminate the estate  tax, which affects only multi-millionaires and billionaires, they resort to outright falsehoods in making their case and use phony rhetoric claiming they care about the rest of us,” said Frank Clemente, executive director of Americans for Tax Fairness. “Repealing the estate tax will only increase inequality in America. These quotes help the American people understand what conservatives do, not what they say.”

As early as Tax Day this week, the U.S. House of Representatives will vote to eliminate the federal estate tax, a levy on the intergenerational transfer of wealth that provides an important check on the growing concentration of wealth in America, encourages charitable giving, and generates revenues from those most able to pay. The repeal vote comes as Republican leaders proceed with budget blueprints that would slash $5 trillion in benefits and services that mostly support working families and communities – while refusing to raise a dime of new revenue from the wealthy and corporations.

Americans for Tax Fairness is a diverse coalition of 425 national and state endorsing organizations that collectively represent tens of millions of members. The organization was formed on the belief that the country needs comprehensive, progressive tax reform that results in greater revenue to meet our growing needs. ATF is playing a central role in Washington and in the states on federal tax-reform issues.

PRESS CONTACT
Peter Knudsen, Communications Director, Americans for Tax Fairness
pknudsen@americansfortaxfairness.org
(202) 454-6198 (o)
(608) 772-1241 (m)