FOR IMMEDATE RELEASE September 27, 2006 Contact: Bob Keener (617) 423-2148 x120 bkeener@faireconomy.org Forbes magazine’s 2006 list of the 400 wealthiest people in America includes individuals from ten of the 18 wealthy families exposed as stealthily funding efforts to repeal the estate tax, the nation’s only tax on multi-million dollar inheritances. The April 2006 report, “Spending Millions to Save Billions; The Campaign of the Super Wealthy to Kill the Estate Tax,” by Public Citizen and United for a Fair Economy (UFE) showed that, if successful, the effort would save these super wealthy families about $71.6 billion dollars, and cost the federal government $1 trillion over ten years. The ten anti-estate-tax billionaire families on the Forbes 400 list include the Cox family, the DeVos family, the Dorrance family, the Gallo family, the Harbert family, the Johnson family, the Koch family, the Mars family, the Sobrato family, and the most wealthy of all, the Walton family. Of the 24 ...
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