OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010

Floor Speech

Date: Dec. 16, 2010
Location: Washington, DC
Issues: Unemployed and Low-Income Taxes

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Ms. SCHAKOWSKY. The Speaker was talking about how 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.

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