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Walmart is lobbying Congress to repeal the Estate Tax

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sasha031 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 04:28 PM
Original message
Walmart is lobbying Congress to repeal the Estate Tax
please fill out and send form...

these freaks are disgusting, their employees are poor, hungry and without health insurance. I guess the bottom feeders can still amaze me.

http://letters.wakeupwalmart.com/dia/organizationsCOM/wakeup/campaign.jsp?campaign_KEY=1725
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OPERATIONMINDCRIME Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 04:31 PM
Response to Original message
1. I Dont Get It. What Does Walmart Have To Do With Repealing The Estate Tax?
Republicans and corporate interests country wide want the estate tax repealed for years now right? When or how did this become a walmart thing?
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madaboutharry Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 04:39 PM
Response to Reply #1
2. It is the family that owns WalMart.
Sam Walton divided up his estate before he died and gave it to his five children. They are the ones involved in trying to eliminate the estate tax.
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OPERATIONMINDCRIME Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 04:43 PM
Response to Reply #2
3. Link Please?
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Cerridwen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 04:50 PM
Response to Reply #3
4. Here's one link
Edited on Wed Jun-07-06 04:50 PM by Cerridwen
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OPERATIONMINDCRIME Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 04:54 PM
Response to Reply #4
8. Thanks! That Was A Good One.
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Dr.Phool Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 04:52 PM
Response to Reply #3
6. I don't have a link handy
But I read an article recently, that for the past 10 years or so, 17 of the richest families in America were financing a movement to end the tax. Mainly through some woman in California, I believe.
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acmejack Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 05:06 PM
Response to Reply #6
13. Eighteen families, but what the heck?
I do have a link handy!
snip>
The multimillion-dollar lobbying effort to repeal the federal estate tax has been aggressively led by 18 super-wealthy families, according to a report released today by Public Citizen and United for a Fair Economy at a press conference in Washington, D.C. The report details for the first time the vast money, influence and deceptive marketing techniques behind the rhetoric in the campaign to repeal the tax.

It reveals how 18 families worth a total of $185.5 billion have financed and coordinated a 10-year effort to repeal the estate tax, a move that would collectively net them a windfall of $71.6 billion.

The report profiles the families and their businesses, which include the families behind Wal-Mart, Gallo wine, Campbell’s soup, and Mars Inc., maker of M&Ms. Collectively, the list includes the first- and third-largest privately held companies in the United States, the richest family in Alabama and the world’s largest retailer.

These families have sought to keep their activities anonymous by using associations to represent them and by forming a massive coalition of business and trade associations dedicated to pushing for estate tax repeal. The report details the groups they have hidden behind – the trade associations they have used, the lobbyists they have hired, and the anti-estate tax political action committees, 527s and organizations to which they have donated heavily.

http://www.citizen.org/pressroom/release.cfm?ID=2182
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madaboutharry Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 04:52 PM
Response to Reply #3
7. Walmart estate tax
Google the above words and you'll get the story.
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OPERATIONMINDCRIME Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 04:56 PM
Response to Reply #7
9. I Don't Need To.
Edited on Wed Jun-07-06 05:08 PM by OPERATIONMINDCRIME
A DU'er graciously supplied a very informative link that I already read through.
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madaboutharry Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 04:58 PM
Response to Reply #9
10. I wasn't being snarky.
I was giving information.
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OPERATIONMINDCRIME Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 05:02 PM
Response to Reply #10
12. Neither Was I LOL
I was being serious. Upthread a DU'er supplied a pdf that was full of informative information on the subject. I was just lettin ya know I was informed now LOL
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Dr.Phool Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 04:59 PM
Response to Reply #3
11. I just found another one
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 04:50 PM
Response to Original message
5. Come the revolution
the Waltons will be first against the wall.

Then we can start on CEOs, for profit health care moguls, and the leisure class.
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Beaverhausen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-07-06 05:07 PM
Response to Original message
14. This is a done deal, isn't it? Didn't they vote to repeal it today?
anyone?
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