News
Senator Max Baucus Says Congress Will Likely Decide Death Tax Next Month
August 27th, 2010Baucus: Lewistown's airport could get aid from federal program
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An area farmer who attended the meeting told Baucus that his father recently passed away and he was confused about the state of the estate tax.
Baucus said that issue will likely be decided by Congress next month.
In 2010, the estate tax is zero percent, but it is scheduled to shoot up to a high rate next year.
"Clearly, we have to act," Baucus said. "September is going to be a big month for determining tax policy."
Lawmakers returning from the break also must figure out what to do about the 2001 and 2003 tax cuts that expire this year, Baucus said.
Read full article: http://www.greatfallstribune.com/article/20100827/BUSINESS/8270320/Baucus++Lewistown+s+airport+could+get+aid+from+federal+program
Contact Congress
Have you told the 112th Congress to Repeal the Death Tax?
- ATR & AFBI: End Punitive Tax on Hardworking Hoosiers
Fri, Dec 14, 2012 - Tax Coalition Calls on Tennessee Governor Bill Haslam to Quickly Repeal Inheritance Tax
Fri, Dec 14, 2012 - AFBI: This Bill is a Matter of Survival
Thu, Dec 13, 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.