Our Klamath Basin Water Crisis
Upholding rural Americans' rights to grow food,
own property, and caretake our wildlife and natural resources.
Our Klamath Basin
Water Crisis
Upholding rural Americans' rights to grow food,
own property, and caretake our wildlife and natural resources.
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HUGE GRASSROOTS WIN! (But it's
NOT over yet!!) by Vic at vic@unitedpropertyowners.org A gigantic tax advantage for The Nature Conservancy and similar Trusts was approved by the United States Senate several weeks ago. It is part of S. 476, called the "Faith Based Initiative." S. 476 hands over to The Nature Conservancy and other massive Land Trusts a special tax break when buying land - an advantage NOT available to churches, private schools, orphanages, social service centers, other non-profits, or any private person or company. The tax favoritism is a 25% tax cut on capital gains of land sales - but only if the land is sold to an environmental group or to a government agency! And it includes sales of WATER RIGHTS! It is technically a tax break for the seller of the land. A seller can sell to the Trusts for under market price but still get a higher net profit than what he would get by selling to anyone else. HOWEVER, the House of Representatives version of the Faith Based Initiative, HR 7, DOES NOT contain "Tax Favoritism" for multi-billion dollar monsters like the Nature Conservancy and other Land Trusts, which already enjoy special tax advantages over private land owners. The Nature Conservancy has over THREE BILLION dollars in assets and annual revenues of over seven hundred million dollars - and yet it claims special status as a "non-profit" Land Trust!!! Would you like to be a "non-profit" billionaire? Sounds like a pretty good deal! Congressman Roy Blunt of Missouri, a long-time Champion for private property rights, is the sponsor of HR 7, the House version of the Faith Based Initiative, and the one responsible for keeping The Nature Conservancy and it's massive team of lobbyists at bay. But he needs YOUR help!! The Nature Conservancy has powerful allies! The Nature Conservancy's Board of Directors includes many very influential corporate CEOs who make massive campaign contributions to both political parties. As The Nature Conservancy insiders many of them have been able to purchase beautiful properties at discount prices and terms not available on the general real estate market. This is because of the insider trading policies available only to board members that have been recently exposed by the Washington Post newspaper. (go to The Washington Post web site and search on The Nature Conservancy). These Nature Conservancy CEO big shots will not give up easily on their grab for even more special tax treatment for themselves. They are already pressuring Congressman Blunt and the rest of the House Republican leadership to put the Senate approved "Tax Favoritism" into the House version of the Faith Based Initiative. HERE'S THE UPO ACTION ITEM: Tell Congressman Roy Blunt he is a HERO for standing up to The Nature Conservancy and its powerful self-serving Board members!!! Tell Congressman Roy Blunt THANK YOU for listening and acting in support of responsible tax policy by just saying NO to Tax Favoritism for The Nature Conservancy and other massive, multi-billion dollar Land Trusts! Tell Congressman Roy Blunt to keep up the GREAT WORK and HANG IN THERE!!!. Contact: Majority Whip Roy Blunt Capitol Building, H-107 Washington, DC 20515 Phone 202-225-0197 Fax 202-225-5604 Blunt@mail.house.gov Also contact your U.S. Senators and your Congressional Representative Many House members DO NOT support Tax Favoritism for multi-billion dollar Land Trusts and their insiders. You can assist them IF YOU SPEAK OUT! The big Land Trusts are pushing hard for this Tax Favoritism, and their lobbyists are crawling all over Capitol Hill. The Nature Conservancy, the Trust for Public Land and the Land Trust Alliance are using their billions in assets to hire lobbyists so they can continue corrupting the tax code in their favor. Please contact Representative Blunt and tell him that you support his position. |
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