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The Senate Will Tax You Even When You're Dead

For Immediate Release. June 17, 2002Since the estate tax revenue yield is negligible, the Senate once again proved that its main purpose is self-empowerment of individual senators and the continued socialization of the U.S. by the redistribution of income as it failed to permanently repeal this tax burden. 

Most often, death taxes punish the very people they are intended to help such as women, minorities, farmers, workers, and low income people.  Furthermore, death taxes undermine savings and investments and are the most expensive taxes to pay while being the most costly for the government to collect. 

Tragically, the estate tax hurts people for their virtue.  The majority of the burden of the estate tax falls not on those who have been lucky throughout their lives but instead on those who have been frugal.  “The object lesson for the American people is that your money is not your own, it’s the governments,” said Dr. Joel Rutkowski, president of the American Voice Institute of Public Policy.  “When they want to expand their big government pork programs, they will just reach down into your pockets and take it away.  And whoever said that once you die you don’t have to pay taxes, is wrong now.”

For Interviews Contact:

Joel P. Rutkowski, P.h.D.
President, The American Voice Institute Of Public Policy
757-436-5927
jrutkowski@americanvoiceinstitute.org

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