March 19, 2010
By Palmer Schoening
This election season, the American Family Business Insitute is asking Congressional candidates to sign the "Death Tax Repeal Pledge." By signing this pledge, candidates pledge to support "the permanent repeal of the Federal Estate and Gift Taxes." So far, 65 candidates have signed on.
The pledge is an opportunity for candidates to affirm their...
March 19, 2010
The band KISS is typically known for shocking fans with their outrageous wardrobe and makeup. Today, it was band member Gene Simmons who was shocked by Obama's plans to reinstate the death tax.
Upon hearing that the President may support bringing the death tax back at 55%, Simmons was quoted on a Bloomberg Cable radio show as saying "Are you...
March 18, 2010
By Magnus Elhardt
Five years ago, Sweden's economy was in a recession. Unemployment was soaring, and entrepreneurs were moving overseas with their countries. One big part of the Swedish solution was the repeal of their inheritance tax. Did the move pay off for Sweden? The data says yes, and the media has even reported that is is unfortunate that they didn't do...
March 17, 2010
By Adam Nicholson
CAPITOL HILL ALERT: Death Tax legislation next month!
Newsweek reports that the Ways and Means committee will likely markup (draft, debate, amend, and report to the House floor) an estate tax bill after the Easter Recess. You can read more about the committee’s plans, here.
A committee markup does not necessarily mean that the House...