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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: geode00 who wrote (188839)6/8/2006 8:02:34 PM
From: stockman_scott  Read Replies (2) | Respond to of 281500
 
Wal-Mart family lobbies for tax cuts

usatoday.com

<<...Now, in a little-noticed move, the company's founding family has plunged into a fight to pass income tax changes and other legislation that could preserve its grip on the USA's biggest business and the family's $84 billion fortune.

Led by Sam Walton's only daughter, Alice, the family spent $3.2 million on lobbying, conservative causes and candidates for last year's federal elections. That's more than double what it spent in the previous two elections combined, public documents show.

The Waltons have joined a coterie of wealthy families trying to save fortunes through permanent repeal of the estate tax, government watchdogs say. The election of President Bush and more conservatives to Congress gave momentum to the long-fought effort. The Waltons add more...>>