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HomeMy WebLinkAbout81-033REL:adg 3/4/81 RESOLUTION NO. 81-33 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA SUPPORTING THE ELIMINATION OF THE FEDERAL ESTATE TAX WHEREAS, the Federal Government should not profit by the death of its people; and WHEREAS, the State of California did enact legislation prohibiting inheritance tax on a surviving spouse; and WHEREAS, there is an initiative being circulated in the State of California to prohibit all state inheritance tax; and WHEREAS, the Federal Estate Tax falls heavily on widows and orphans during grievous times; and WHEREAS, the poor are exempted from the tax and the rich can avoid the tax through legal processes not practical for middle-class families; and WHEREAS, inflation has subjected many families to the Federal Estate tax that were previously exempted, forcing such families to borrow money to pay the tax at the very instant when their ability to pay such money is severly restricted; and WHEREAS, the monies raised by the Federal Estate Tax do not cover the cost of the Federal Government in collecting the said tax; NOW THEREFORE, BE IT RESOLVED that the City Council of the City of Santa Ana does hereby resolve that the Federal Estate Tax be immediately eliminated and urges the League of California Cities, the National League of Cities, the Southern California Association of Governments, Congress and the President of these United States to adopt this position and repeal the same forthwith. ADOPTED this 2nd day of 1981, by the following vote: March AYES: COUNCILMEN: Bricken, Griset, Luxembourger, Serrato NOES: COUNCILMEN: None ABSENT: COUNCILMEN: Ward, Markel, Yamam0t0 ATTEST: APPROVED AS TO FORM: CITY ATTORNEY