News
Death Tax is Unwarranted
May 31st, 2011
by Pamela Hulse Andrews CEO/Founder
Why, when the owner dies, should the heirs be taxed, again, just for inheriting the business? Oftentimes heirs are forced to sell off portions of the estate just to pay the taxes. The American Family Business Foundation estimates that the estate tax has a substantial impact on family businesses and abolishing it could raise the probability of hiring by 8.6 percent, increase payrolls by 2.6 percent and expand investment by three percent.
Contact Congress
Have you told the 112th Congress to Repeal the Death Tax?
- AFBI Highlights the Introduction of Senator Thune's Death Tax Repeal Bill
Thu, Mar 29, 2012 - AFBI Announces 2012 Recipients of the 1st Annual Champion of American Family Businesses Awards
Tue, Mar 27, 2012 - 7 Illinois Candidates for the U.S. House of Representatives Sign AFBI's Death Tax Repeal Pledge
Mon, Mar 19, 2012
- A Score of the Death Tax Repeal Permanency Actby Stephen J. Entin, April 2011
- The Cost of Compromise: Impact of the 2011-2012 Estate Tax by Anthony Davies, December 2010
- Life Insurance Cash Cow: An Issue Brief on the Hidden Side of Estate Tax Lobbying by Tim Carney & Dick Patten, November 30, 2010
- Growth Consequences of Estate Tax Reform, by Dr. Douglas Holtz-Eakin and Cameron Smith, American Family Business Foundation, September, 2010
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.