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Dear Representatives:
On behalf of more than two million Americans for Prosperity activists in all 50 states, I write to urge you support legislation repealing the federal estate tax and legislation to prohibit the IRS from selectively applying the gift tax to contributions to tax-exempt nonprofit organizations.
I urge you to vote YES on H.R. 1105, the Death Tax Repeal Act and vote YES on H.R. 1104 the Fair Treatment for All Gifts Act. Americans for Prosperity will include these votes in our congressional scorecard.
On death taxes, its costs far outweigh its supposed benefits. According to a Joint Economic Committee study, the death tax has reduced the amount of capital stock in the U.S. economy by over $1.1 trillion over the past century. Injecting these dollars back into the economy through repeal would boost income and sales tax revenues, filling the void of the estate tax. This is a widely-hated and immoral tax that prevents American families from passing their businesses and farms to the next generation.
On gift taxes, the Roskam legislation will prevent the IRS from selectively applying the gift tax to contributions to tax-exempt nonprofit organizations. The IRS has a history of politically-motivated targeting, and this legislation will prevent the agency from engaging in future targeting through selective application of tax rules.
I urge you to vote YES on H.R. 1105, the Death Tax Repeal Act and vote YES on H.R. 1104 the Fair Treatment for All Gifts Act. Americans for Prosperity will include these vote in our congressional scorecard.
Sincerely,
Brent Wm. Gardner
Vice President of Government Affairs
Americans for Prosperity
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