500 congressional contenders sign pledge to repeal estate tax

"Considering that 10 times as many candidates signed the pledge this election season than did in previous elections shows that candidates finally understand that the majority of Americans support death tax repeal and believe that it is an important issue," said AFBI President Dick Patten in prepared remarks. 

Pledge signers include Senate and House contenders Sharron Angle (Nev.), Dino Rossi (Wash.), Rand PaulRandal (Rand) Howard PaulNSA spying program overcomes key Senate hurdle Fix what we’ve got and make Medicare right this year Despite amnesty, DACA bill favors American wage-earners MORE (Ky.), Pat Toomey (Pa.), Ken Buck (Colo.), Marco RubioMarco Antonio RubioOvernight Cybersecurity: Bipartisan bill aims to deter election interference | Russian hackers target Senate | House Intel panel subpoenas Bannon | DHS giving 'active defense' cyber tools to private sector Senators unveil bipartisan push to deter future election interference Puerto Rico's children need recovery funds MORE (Fla.), Carly Fiorina (Calif.) and John Raese (W.Va.).

In addition, more than two-thirds of surveyed voters support a permanent repeal of the tax, which was repealed for 2010 but is set to return at a top rate of 55 percent on assets over $1 million starting in January. 

"It should be no surprise that the issue has gained such prominence in this election, since high estate tax rates have such a negative effect on jobs," Patten said. "We're confident that a Congress manned with our pledge signers will be prepared to take the necessary steps to pass permanent repeal of this un-American, outdated policy and stand up for small family businesses, the real job creators in our country."