Business

Ben & Jerry: We Don’t Need This Stupid Tax Cut

Jerry Greenfield, left, and Ben Cohen, founders of Ben & Jerry's Homemade Inc., stand in front of their "Scoopmobile" in Burlington, Vt. in 1986 . The founders of Ben & Jerry's Homemade Inc. say the company would not have existed without government resources that would be threatened if Congress repeals the estate tax. (Toby Talbot/AP Photo)
Jerry Greenfield, left, and Ben Cohen, founders of Ben & Jerry’s Homemade Inc., stand in front of their “Scoopmobile” in Burlington, Vt. in 1986 . The founders of Ben & Jerry’s Homemade Inc. say the company would not have existed without government resources that would be threatened if Congress repeals the estate tax. (Toby Talbot/AP Photo)

 

(USA Today) – Good grief, Congress. Are you really going to give another tax break to those of us who need it least?

Yes, we’re witty and created a successful global brand. Yes, we’re handsome and in demand for selfie shots in malls and village squares around the country. And yes, we’re wealthy, thanks to the good fortune of our efforts — but also because of many other societal factors that contributed to our wealth.

But these are not good reasons for the tax cut nutters in Congress to abolish the estate tax, a levy paid exclusively by multi-millionaires and billionaires. In late March, the Senate voted 54-46, basically along party lines, to deep six the tax. The House intends to vote by April 15 to repeal the estate tax, which has been in place for a century to prevent the U.S. from developing an aristocracy.

Okay, who really pays the estate tax? Obviously, a lot of wealthy campaign contributors. Who else could get anything to pass in this pay-to-play Congress?

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