In case you missed it: AFBI’s President Dick Patten had an op-ed in today’s Investor’s Business Daily about Senator Bernie Sanders’ proposal for a 65% Estate tax.
You may remember that Senator Sanders introduced his irresponsibly-named “Responsible Estate Tax Act” (S. 3533), to bring the death tax back to life – retroactively – at the top rate of 65%. This bill plays to class-warfare, greed, and envy. You know, the basic talking points of our opponents.
Patten’s op-ed dissects the proposal and explains how the real issue is not sticking it to billionaires, but the family businesses, farms and jobs that the Estate tax destroys.
The Death Tax fight will soon be decided in the halls of Congress by your representatives. AFBI is leading the fight for repeal in Washington, but we cannot do it alone.