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(FMI), hailed the poll as further proof that Americans view the estate tax as fundamentally unfair, and it should be repealed.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 proudly advocates on behalf of the food retail industry. FMI’s U.S. members operate nearly 40,000 retail food stores and 25,000 pharmacies, representing a combined annual sales volume of almost $770 billion. Through programs in public affairs, food safety, research, education and industry relations, FMI offers resources and provides valuable benefits to more than 1,225 food retail and wholesale member companies in the United States and around the world. FMI membership covers the spectrum of diverse venues where food is sold, including single owner grocery stores, large multi-store supermarket chains and mixed retail stores. For more information, visit www.fmi.org and for information regarding the FMI foundation, visit www.fmifoundation.org.
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