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FOR IMMEDIATE RELEASE
August 5, 1999

CONTACT:
Dennis S. Day: (202) 383-2710
Jeff Shoaf: (202) 383-2762

Congress Demolishes The Death Tax As Part Of Overall Tax Cut Package

Washington, D.C. – A provision to Demolish the Death Tax is included as a part of the $792 billion tax cut legislation, which was passed today by the House of Representatives and is currently being considered on the Senate floor. The Associated General Contractors of America (AGC), who made elimination of the death tax their number one legislative priority for the 106th Congress, praised all members of Congress who voted for the tax cut bill.

"The death tax is an unfair tax. It robs family-owned businesses at the worst possible time, the death of an owner. AGC has been working on this issue for several years, and we want to thank the Members of Congress who voted to Demolish the Death Tax,” said AGC Executive Vice President and CEO Stephen E. Sandherr.

The Associated General Contractors of America is the largest and oldest national construction trade association, founded in 1918. AGC represents more than 33,000 firms, including 7,500 of America’s leading general contractors, and 12,000 specialty-contracting firms. Over 14,000 service providers and suppliers are also associated with AGC, through a nationwide network of chapters.

The Associated General Contractors of America is the nation’s largest and oldest construction trade association, founded in 1918. AGC represents more than 33,000 firms, including 7,500 of America’s leading general contractors, and 12,000 specialty-contracting firms. Over 14,000 service providers and suppliers are also associated with AGC, through a nationwide network of chapters.

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http://www.agc.org/   dayd@agc.org

Back to 1999 Press Releases




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