Teleconferencia 2010 del Impuesto al Patrimonio
Teleconferencia 2010 del Impuesto al Patrimonio
El miércoles 21 de julio del 2010, Unidos por una Econoía Justa con el apoyo de nustro proyecto de Riqueza Responsable será anfitrión de una teleconferencia de prensa para enviar un poderoso mensaje y asi fortalecer y reintegrar elimpuesto federal al patrimonio.
Vea abajo las actualizaciones de las noticias de los impuestos al patrimonio.
Nuestros Hablantes Destacados:
- Robert Rubin, Secretatrio Tesorero de los Estados Unidos de 1995-1999 bojo el mando del Presidente Bill Clinton, anteriormente en Goldaman Sachs y Citigroup, corrientemente en el Consejo de Relaciones Externas
- Richard Trumka, presidente de la AFL-CIO
- Abigail Disney, nieta de Walt Disney, fundadora y presidente de la Fundación Daphne in la Ciudad de Nueva York, vicepresidente de la junta de Shamrock Holdings
- Julian Robertson, fundador de la cobertura de fondos Tiger Managment, corrientemente un inversionista privado, filántropo, fundador de la Fundación Robertson.
Nuestros hablantes se unen a nosotros en nuestra prolongagda batalla de una década para preservar el impuesto al patrimonio. Después de compartir sus declaraciones de apoyo a un robusto impuesto al patrimonio, los hablantes responderán preguntas de los medios de comunicación tradicionales y alternativos.
Escuche esta teleconferencia impuesto al patrimonio
(MP3 13.2MB, en Inglés)
SI USTED ES MIEMBRO DE LA PRENSA y le gustría hablar con algún miembro de UFE o uno de los hablantes acerca de los impuestos al patrimonio, por favor contacte a Susan Roth a prsue
rothpr.com o 301-530-3539, o contacte a Anne Singer a anneannesingercommunications.com o 202-271-4679.
Para otras perguntas con respecto a los impuestos al patrimonio, por favor contacte al Coordinador de UFE de las Políticas de los Impuestos al patrimonio, Lee Farris a lfarris@faireconomy.org
o 617-423-2148 x133.
Gracias por su interés en este evento.
July 23, 2010
"It’s been said that only death and taxes are certain. But the 'death tax' is anything but certain now. There’s no estate tax this year -- costing the Treasury billions -- because Congress allowed it to expire.
With less than a fortnight before Congress’s August recess, United for a Fair Economy held a press conference call with a wonderfully eclectic mix of participants – including former Treasury Secretary Robert Rubin, AFL-CIO president Richard Trumka, heiress and filmmaker Abigail Disney and hedge fund pioneer Julian Robertson – all urging reinstatement of 'the most progressive tax in the code and the only national tax on wealth.'
They are facing some stiff opposition. Sen. Jim DeMint (R-S.C.) was
on
the Senate floor this week talking about heirs being forced to sell
their property and how reinstatement of the estate tax would cost 1.5
million jobs as well as the collapse of many family farms and small
businesses.
In fact, the American Farm Bureau was unable to find a single example of
a farm having to be sold to pay the estate tax, as Lee Farris, UFE’s
tax policy coordinator, pointed out. And the Senate and House bills
supported by UFE – introduced by Sen. Bernie Sanders (I-Vt.) and Rep.
Jim McDermott (D-Wash) -- would be paid by only one-quarter of one
percent of estates, or seven-tenths of one percent of estates,
respectively. [...]"
Read the full column by Katrina Vanden Heuvel on WashingtonPost.com
July 21, 2010
"So, a Treasury secretary, a labor union leader, a hedge-fund billionaire, and an heiress walk into a conference call. It's not a Catskills joke. It was the teleconference staged Wednesday morning by United for a Fair Economy's Responsible Wealth Project to discuss the need to reinstate the estate tax. [...]
The purpose of the press conference was to show that abolishing the estate tax massively increases the deficit in order to help a few very wealthy people. Former Treasury secretary and former Citi chairman Robert Rubin opened the call, playing the role of the wise establishmentarian. [...]
Second on the call was the union leader. [...] In [Richard Trumka's] worldview, the top 1 percent has been bogarting all the economic gains for the past few decades. [...]
Trumka was followed by the hedge fund magnate...To Julian Robertson, the founder of hedge fund giant Tiger Management and a major philanthropist, the economic and moral case for an estate tax increase was simple. 'You get out of a credit crisis by getting your house in order, and in America's case bringing your deficit down. This implies tax increases.' The fairest way to do it, he said, is to tax 'the least deserving recipients of wealth, which are the inheritors.'
Finally came the inheritor...Heirs who favor an estate tax are motivated less by liberal guilt than by unease, realism, and historical perspective. They've seen how their families amassed, preserved, and passed down wealth in spite of income and estate taxes that were far higher than they are today. 'My life of great comfort was made possible in spite of the estate tax," said Abigail Disney, the grandniece of Walt Disney, a filmmaker and philanthropist. [...]"
Read the full column by Daniel Gross on Slate.com
July 21, 2010
"Anti-poverty advocates, business groups and unions all realize it’s now or never for Congress to move on restoring the estate tax. [...]
On a conference call organized by [United for a Fair Economy] Wednesday, AFL-CIO President Richard Trumka and former Treasury Secretary Robert Rubin came together to support reinstating the tax. [...]
Both Rubin and Trumka said restoring the tax would be 'sound policy.' 'You would actually increase demand, not decrease demand, if you restored the estate tax immediately,' Rubin said. [...]
Trumka described the Lincoln-Kyl proposal as a weak compromise that he could not support, and the measure is unlikely to win the votes of liberal Democratic senators. [...]
He favors legislation sponsored by Sens. Tom Harkin (D-Iowa), Bernie Sanders (I-Vt.), Sheldon Whitehouse (D-R.I.) and Sherrod Brown (D-Ohio). Their bill would reinstate the estate tax at 2009 levels but include a more progressive tax rate.[...]"
Read the full article by Kevin Bogardus at TheHill.com
July 21, 2010
"New York Yankees owner George Steinbrenner and hundreds of other multimillionaires (and some billionaires, like Steinbrenner) who have passed away this year disproved the old adage, 'the only two things certain in life are death and taxes.' [...]
The federal estate tax that in the past applied to multimillion-dollar fortunes fully expired at the end of 2009, after President George W. Bush’s 2001 $1.35 trillion tax cut package for the wealthy exempted larger and larger estates from the levy each year.
Today, AFL-CIO President Richard Trumka, former Treasury Secretary Robert Rubin, philanthropist and Walt Disney heir Abigail Disney and others called for a reinstatement of the tax.
During a telephone press conference sponsored today by United for a Fair Economy (UFE), Trumka said:
'Today, the Bush tax cuts for the wealthy, the suspension of the estate tax and other policies favoring the super-rich are key contributors to our nation’s budget deficits.
Our nation desperately needs revenue to invest in job growth, education, health and infrastructure.' [...]
The AFL-CIO, UFE and others on the call said the estate tax should be restored at its 2009 levels or stronger. [...]"
Read the full column by Mike Hall on the AFL-CIO News Blog
July 21, 2010
"[...] Partisan wrangling last year resulted in the estate tax dropping to zero in 2010, costing the government billions in revenue. Democrats hope to reinstate the tax for next year, exempting the first $3.5 million of a person or family’s estate and taxing the rest at up to 45 percent. That makes it the country’s most progressive tax, applying to less than one percent of estates.
An alternative proposal, by Sens. Blanche Lincoln (D-Ark.) and Jon Kyl (R-Ariz.), calls for an exemption of $5 million and a top rate of 35 percent. If the Senate does not act, the tax bounces back to 2001 levels, with an exemption of $1 million and a top rate of 55 percent. [...]
But today, some very, very wealthy folks publicly lobbied for the estate tax — essentially saying, “Take my money, please.” They argue that the tax encourages charitable giving and planning among wealthy families — and is good for the country. Warren Buffett and Bill Gates have previously called for a high estate tax, and on fellow billionaires to give wealth away. And today, so did Bob Rubin, the former Treasury Secretary, a Disney heiress and a number of others. [...]"
Read the full column by Annie Lowrey on WashingtonIndependent.com
"Some high-profile, high net-worth folks on Wednesday called on Congress to impose a 'strong' estate tax going forward.
'Our country is on an unsustainable fiscal path. [Revenue from an estate tax can] fund deficit reduction, additional public investment, or added assistance to those affected by the economic crisis,' said Robert Rubin, who served as Treasury secretary during the Clinton administration and more recently as chairman of Citigroup.
Moreover, Rubin added, 'our nation has always held itself out as a meritocracy and a land of opportunity, and an estate tax helps avoid accumulation of inherited economic and political power that is antithetical to this historical vision of our society.'
Rubin was joined by former hedge fund manager Julian Robertson, Walt Disney's grand-niece Abigail Disney and AFL-CIO president Richard Trumka on a call organized by liberal group United for a Fair Economy. [...]
Those who support an estate tax say, among other things, that it bolsters charitable giving, since making bequests is a tax-deductible event and reduces the size of one's taxable estate.
Warren Buffett and Bill Gates have called on billionaires to become uber-philanthropists by giving away at least half of their net worth to charity. Doing so would substantially reduce the taxes their heirs would owe and therefore greatly reduce Uncle Sam's take.
'It's a wonderful idea. But the nonprofit sector can't do what the government does,' said Disney, who runs the Daphne Foundation. She noted that directing money to a given cause is worthy but no substitute for putting money into a communal pot that the government can use to perform vital functions that no charity does -- like provide infrastructure and defense.
'What you do around estate taxes should not be to avoid paying your fair share,' she said."
Read the full column by Jeanne Sahadi on CNNMoney.com
July 21, 2010
"What do Disney heir Abigail Disney, hedge-fund billionaire Julian Robertson and former Treasury secretary Robert Rubin have in common? They want rich people to pay estate taxes and they say they're willing to pay those taxes themselves.
On Wednesday, Disney, Robertson, Rubin and Richard Trumka, president of the AFL-CIO, joined with the advocacy group United for a Fair Economy to call on Congress to reinstate the estate tax before lawmakers' August recess.
"My life of great comfort was made possible in spite of the estate tax, and my grandfather would be the first person to tell you he was able to amass his fortune not in spite of but because of the American system," including that tax, Abigail Disney, grandniece of Walt Disney and granddaughter of Roy Disney, said in a conference call with reporters.
For his part, Julian Robertson, on Forbes' list of the 400 richest Americans in 2009, whose firm Tiger Management was one of the first hedge funds in the 1980s, said the estate tax is a key tool for lowering the government deficit.
"You don't get out of a credit crisis by borrowing more money. You get out of a credit crisis by putting your house in order, and in America's case by bringing its budget deficit down," Robertson said on the call. [...]"
Read the full article by Andrea Coombes on MarketWatch.com
July 21, 2010
"Former Treasury Secretary Robert Rubin, Tiger Management LLC Founder Julian Robertson and an heir of Walt Disney urged Congress to reinstate a tax on multimillion-dollar estates, possibly retroactively.
The three were joined by AFL-CIO President Richard Trumka today to support efforts by a Boston-based advocacy group, United for a Fair Economy , pressing lawmakers to act before Congress adjourns for a month-long recess in August.
The deaths of New York Yankees owner George Steinbrenner and at least three other billionaires this year has focused attention on the absence of the levy, which lapsed Jan. 1. Had they died in 2009, they would have paid as much as 45 percent on much of their estate, depending on how their wills were structured.
“We should restore the estate tax in its entirety, and restore it now,” Rubin, who was Treasury secretary under President Bill Clinton , said on a conference call with reporters. He said making the tax retroactive to cover all of 2010 'should be very seriously considered.' [...]"
Read
the full article by Ryan J. Donmoyer on Bloomberg.com.
July 21, 2010
"Former Treasury Secretary Robert Rubin called on Congress to immediately reinstate the estate tax, and said lawmakers should consider re-imposing the tax on the heirs of wealthy individuals who escaped it by dying this year.
Rubin, who spoke during a conference call sponsored by liberal group United For a Fair Economy, said that retroactive tax increases are "ordinarily considered not a good thing." But that's because in many cases taxpayers will argue that they relied on the current tax code--a more difficult case to make when it comes to the timing of one's death, Rubin said.
Therefore, making the tax retroactive to Jan. 1 "should be very seriously considered," Rubin said.
The estate tax was repealed for one year beginning Jan. 1. Unless Congress intervenes, it will return in 2011 to tax estate wealth in excess of $1 million at a 55% rate. [...]"
Read the full article by Martin Vaughan of Dow
Jones Newswires on NASDAQ.com
July 21, 2010
"Hedge fund billionaire Julian Robertson joined former Treasury Secretary Robert Rubin and Disney heiress Abigail Disney in a teleconference call today to urge Congress to restore a hefty estate tax before it goes home for recess in August.
'America is in a situation where it needs every dollar it can raise and this, the inheritance tax , is the fairest way to raise it,' said Robertson, who described inheritors as 'the least deserving recipients of wealth.' Rubin, who made his money as a Goldman Sachs partner and executive, described the passing of untaxed wealth as 'antithetical' to the 'dynamism' of the American economy.
The conference call was sponsored by United for A Fair Economy, whose Responsible Wealth project has recruited more than 2,000 high-net-worth folks, including George Soros; William Gates Sr., the father of Microsoft founder William Gates III and Vanguard Group found Jack Bogle to sign a "Call to Preserve the Estate Tax. [...]"
Read the full column by Ashlea Ebeling and Janet Novak on Forbes.com
July 21, 2010
"The unlikely duo of AFL-CIO President Richard Trumka and former
Treasury
secretary Robert Rubin told reporters on a conference
call Wednesday
that the estate tax — which has lapsed since the beginning of the year —
should be put back in place before the August congressional break.
When
asked why they both support reinstating the tax despite past
differences, Trumka joked, “The reason we agree is Bob has finally seen
the light.”
Rubin and Trumka have often clashed, with labor
leaders warning Democrats to distance themselves from the free-trade
policies advocated by Rubin and other Democrats with ties to Wall
Street. [...]
Both Rubin and Trumka said restoring the tax would be 'sound policy.' [...]"
Read the full post by Kevin Bogardus on The Hill's "On the Money" blog
July 21, 2010
"Right now, millionaires and billionaires who die in 2010 can pass on their fortunes to heirs without any estate tax.
So, thanks to the expiration of 2001 Bush tax cuts and the year of Congress not doing anything about it, many somewhat cruel heirs have, maybe, a reason to hope their parents die this year.
Two guys that are now saying they want the estate tax reinstated ASAP, hopefully before August when Congress recesses, are Julian Robertson and Robert Rubin. [...]"
Read the full column by Courtney Comstock on BusinessInsider.com
July 20, 2010
"Former U.S. Treasury Secretary Robert Rubin and Tiger Management founder Julian Robertson have joined a growing chorus calling for the U.S. estate tax, which expired last year, to be reinstated by Congress before its August recess.
The recent death of New York Yankees boss George Steinbrenner helped shine a spotlight on an unprecedented situation: millionaires and billionaires who die in 2010 can pass on their fortunes to heirs without any estate tax, thanks to the expiration of 2001 Bush tax cuts followed by a year of Congressional inaction.
Now a group that includes formerly Goldman Sachs co-head Rubin, hedge fund pioneer Robertson and Walt Disney heir Abigail Disney are calling on Congress to reinstate the estate tax before the August recess. These three, along with AFL-CIO President Richard Trumka will speak at a Wednesday press conference.
The estate tax, which was reduced in 2001 by the Bush Administration, expired at the end of last year. It has not yet been replaced amid debate over how high the bar should be set for exemption and how steep the rate should be. [...]"
Read the full article by Joseph A. Giannone on Reuters.com
13 de julio, 2010
"Con menos de 30 días legislativos en el calendario del congreso, la National Cattlemen's Beef Association advirtió el martes a los legisladores que el tiempo para reparar los impuestos al patrimonio se está acabando.
Los impuestos son derogados pero la restricción del congreso regresará a los niveles de pre-2001 que golpearon a los patrimonios con un valor de más de $1 millón con un impuesto del 55%. [...]
El vicepresidente de finanzas del Senado, Max Baucus (D-Mont.), cuyo estado es hogar de muchos ganaderos de la familia ha impulsado un reparo a los impuestos al patrimonio desde enero. [...]
Los Senadores Jon Kyl (R-Ariz) y Blanche Lincoln (D-Ark.) han tratado de impulsar un reparo bipartidísta para el impuesto; pero más miembros liberales en el senado tendrían problemas apoyando, porque ellos sienten que la carga de los impuestos al patrimonio cae más sobre los contribuyentes ricos y que pueden pagarlos. [...]
Lea el reportaje completo por Jay Hefflin en TheHill.com
7 de julio, 2010
"El ex Secretario Tesorero Robert Rubin se unirá a muchos mas para pedirle al Congreso que reintegre los impuestos al patrimonio antes del receso de agosto.
El evento del 21 de julio organizado por Unidos po una Ecnomía Justa, la cual ha estado en la lucha de preservar los impuestos al patrimonio desde 1999.
Se spera que Rubin discuta sus razones por las cuales apoya un arreglo permanente a los impuestos al patrimonio. [...]"
Lea el reportaje completo por Jay Hefflin en TheHill.com
