U.S. Newswire : Releases : "Wealthy Say, 'No, Thanks' to Tax Cuts...": "
4/6/2005 3:48:00 PM
To: Political, Business and Philanthropy Reporter
Contact: Bob Keener of Responsible Wealth, 617-423-2148 ext. 103 or bkeener@faireconomy.org
BOSTON, April 6 /U.S. Newswire/ -- A group of wealthy Americans today announced that they would turn down their share of the $69 billion in tax cuts that went to the wealthy in 2004, and they called on other wealthy people to redirect their federal tax breaks to support fairer taxes through a campaign called the Responsible Tax Pledge.
'It's obscene that Washington is handing out tax breaks to millionaires with one hand and shredding the safety net with the other,' said Marta Drury, Responsible Wealth member. 'I want it to stop, so I'm calculating my 2004 tax cut and donating it to organizations fighting for responsible, fair and adequate taxes. I don't believe that people like me with incomes over $200,000 need $69 billion in tax cuts.'"
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