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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: Tunica Albuginea who wrote (18606)	2/14/2001 6:58:57 PM
From: t2	Read Replies (4) \| Respond to of 24042

OT OT..TA, I can't resist posting this story. Very nice people, don't you think??? FWIW, I agree with them 100%. Taxation can be good sometimes. I know you are getting ready to pull something out of some right wing publication---Limbaugh or something.<ggg> politics.yahoo.com Bill Gates Sr., George Soros, Steven Rockefeller, 100 Others Oppose Estate Tax Repeal -------------------------------------------------------------------------------- BOSTON, Feb. 14 /U.S. Newswire/ -- Over 100 prominent business and philanthropic leaders today issued a joint statement, covered on the front page of today's New York Times, opposing President Bush's proposed repeal of the estate tax. Signers include William H. Gates, Sr.; George Soros; Steven C. Rockefeller and other members of the Rockefeller family; Ben Cohen; art patron Agnes Gund; other philanthropists; and members of Responsible Wealth with both new entrepreneurial wealth and old inherited wealth. (See statement and partial signer list below.) CONFERENCE CALL: Responsible Wealth will host an opportunity for journalists to interview Bill Gates Sr., Chuck Collins of United for a Fair Economy, and other critics of estate tax repeal on Tuesday, Feb. 20, at 1 p.m. EST. Some signers of the statement are also available for one-on-one interviews. "Repealing the estate tax would leave an unfortunate legacy for America's future generations," the signers warn. Repeal would undermine philanthropy and "would enrich the heirs of America's millionaires and billionaires while hurting families who struggle to make ends meet." The signers say, "Let's fix the estate tax, not repeal it." For more information, visit responsiblewealth.org. Responsible Wealth is a national network of businesspeople, investors and affluent Americans concerned about deepening economic inequality and advocating widespread prosperity. ------ To register for Tuesday's conference call, call 617-423-2148, ext. 13 or return the information below by e-mail to bleondar-wright@ufenet.org or by fax to 617-423-0196. NAME: AFFILIATION: PHONE: E-MAIL: FAX: Registration deadline is Friday, Feb. 16; instructions for joining the call will be sent. ------ A CALL TO PRESERVE THE ESTATE TAX "We believe that complete repeal of the estate tax would be bad for our democracy, our economy, and our society. Repealing the estate tax, a constructive part of our tax structure for 85 years, would leave an unfortunate legacy for America's future generations. "Only the richest 2 percent of our nation's families currently pay any estate tax at all. Repealing the estate tax would enrich the heirs of America's millionaires and billionaires while hurting families who struggle to make ends meet. "The billions of dollars in state and federal revenues lost will inevitably be made up either by increasing taxes on those less able to pay or by cutting Social Security, Medicare, environmental protection, and many other government programs so important to our nation's continued well-being. "The estate tax exerts a powerful and positive effect on charitable giving. Repeal would have a devastating impact on public charities ranging from institutions of higher education and land conservancies to organizations that assist the poor and disadvantaged. "We recognize the importance of protecting America's family farms and small businesses, and the estate tax has many special provisions that do so. But this concern -- the rationale usually advanced for eliminating the estate tax -- can be addressed by amending the existing estate tax system. "Let's fix the estate tax, not repeal it!" Signed, William H. Gates Sr. George Soros Steven C. Rockefeller David Rockefeller Jr. Eileen Rockefeller Growald Robert Cook Agnes Gund Ben Cohen Henry and Edith Everett Peter Barnes Richard and Jing Lyman Martin Rothenberg Roger Rath Mal Warwick Katherine Pillsbury Judy Wicks Mike Lapham Carol Bernstein Ferry Franklin and Jinx Roosevelt Sarah Stranahan and over 100 others