When asked whether they considered it “fair” or “unfair” that the federal government taxes your income when you receive it, and then taxes your estate when you die, a stunning 89% said it was unfair. Similarly, when asked whether it was “fair” or “unfair” that the federal government could take up to 60% of estates, an equally astonishing 93% said it was unfair.
Tim Hammonds, chairman of the Americans Against Unfair Family Taxation, and president and CEO of the Food Marketing Institute (FMI), hailed the poll as further proof that Americans view the estate tax as fundamentally unfair, and it should be repealed. “This poll confirms that the American people know an unfair tax when they see it,” Hammonds said. “The estate tax is nothing but double taxation at best, and federal expropriation at worst.”
This poll shows this is an issue that cuts across every economic group. Only 9% feel it affects only the wealthy, while over 87% believe it hurts all Americans. Hammonds said, “Supporters of the estate tax should be on notice that the class-warfare argument has no traction with voters.”
John McLaughlin & Associates conducted the poll on July 27, 1999. A projectable national sample of 1,000 people was surveyed.
Food Marketing Institute (FMI) conducts programs in public affairs, food safety, research, education and industry relations on behalf of its nearly 1,250 food retail and wholesale member companies in the United States and around the world. FMI’s U.S. members operate more than 25,000 retail food stores and almost 22,000 pharmacies with a combined annual sales volume of nearly $650 billion. FMI’s retail membership is composed of large multi-store chains, regional firms and independent operators. Its international membership includes 126 companies from more than 65 countries. FMI’s nearly 330 associate members include the supplier partners of its retail and wholesale members.
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