Resolution No. 23763 ‘7
24
RESOLUTION NO 2376
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
SUPPORTING THE ELIMINATION OF THE FEDERAL AND STATE ESTATE
TAX
WHEREAS, the federal and state governments should not profit by
the death of its people and
WHEREAS the State of California did enact legislation prohibiting
the inheritance tax on a surviving spouse; and
WHEREAS, the Federal and State Estate Tax falls heavily on survivors
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 and
State 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 severely restricted, and
WHEREAS, the monies raised by the Federal and State Estate Tax do
not cover the cost of the federal government in collecting said taxes
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Cypress does hereby resolve that the Federal and State Estate Tax be
eliminated and urges the League of California Cities, the National League
of Cities, and the Southern California Association of Governments to adopt
this position and BE IT FURTHER RESOLVED that the City Clerk is directed to
transmit copies of this Resolution to the appropriate federal and state
legislators
PASSED AND ADOPTED by the City Council of the City of Cypress at a
regular meeting held on the 13th day of April 1981
ATTEST.
CITY CLERK
E C.' OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
I
,J' // 4
MAYOR OF CITY OF CYPRESS
I, DARRELL ESSEX, City Clerk of the City of Cypress DO HEREBY CERTIFY that
the foregoing Resolution was duly adopted at a regular meeting of the said City
Council held on the 13th day of April 1981• by the following roll call vote.
AYES. 5 COUNCIL MEMBERS
NOES: 0 COUNCIL MEMBERS.
ABSENT: 0 COUNCIL MEMBERS:
Coronado, Lacayo, Mullen, Rowan and Evans
None
None
CIT CLE OF THE
OF CYPRESS