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McConnell allies start second ad of $1.8 million series

By Sam Youngman
syoungman@herald-leader.com

The Kentucky Opportunity Coalition (KOC), a non-profit organization that bought $1.8 million in advertising in late March to tout Senate Minority Leader Mitch McConnell, will focus its second ad on the estate tax.

Because KOC is a 501(c)4 and not a super PAC, it can only run issues ads. The first ad in the massive buy focused on McConnell’s efforts on behalf of veterans, and the second, which will begin running this week, highlights McConnell’s work to end the estate tax, or “death tax.”

As part of the New Years Eve deal of 2012 to avoid the so-called “fiscal cliff,” McConnell won concessions from Democrats on the tax to prevent an increase and a permanent exemption for inheritances below $5 million.

The new ad features Bourbon County farmer John Mahan, who credits McConnell for helping to keep family farms in the family and speaks against the tax in general.

“The death tax makes it harder for us to hand our farm onto our kids,” Mahan says in the ad. “Mitch McConnell’s been fighting to end the death tax, to help us keep our Kentucky family farms.”

Filed Under: ElectionsFederal GovernmentMitch McConnellUS Senate Race

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Comments

  1. CoolerKing says:

    Myth: Many small, family-owned farms and businesses must be liquidated to pay estate taxes.

    Reality: Only a handful of small, family-owned farms and businesses owe any estate tax at all, and virtually none would have to be liquidated to pay the tax.

    Learn more: http://bit.ly/1dTbTSi