The Republicans held hostage 150 million Americans in favor of 6,600 families who will get this inflated break on their estate taxes. Who are those families? The Koch Family: the primary funders of the tea party movement and other conservative causes, having a vast fortune estimated to be as much as $35 billion. Under the Republican, versus the Pomeroy amendment, that family would realize over $2 billion extra. The Walton Family: Wal-Mart; seven descendants; a combined worth of $87 billion--more than some whole countries. His family will pay $7 billion less in taxes under the Republican proposal versus the Pomeroy. The Gallo Family. The Dorrance Family: the Campbell Soup giant with a combined wealth of $6.5 billion and a savings of $522 million. The Mars Candy Company Family: $30 billion in wealth. Their estate taxes will go down $2.5 billion. Are these the people this Congress is supposed to represent? Let's vote for Pomeroy.
Janice Schakowsky: “The Republicans held hostage 150 million Americans in favor of 6,600 families who will get this inflated break on their…”
Editor's note · Context
Schakowsky criticizes tax breaks for wealthy families at the expense of the American public.
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