Steve Swanson
Letter to the Editor: Death Tax
Wednesday, April 22, 2009
Death tax impact
David Sarasohn's column on the death tax is a perfect opportunity for me to teach my children about the logical fallacy known as a "straw man" ("On estate tax, Senate stages its own death scene," April 17).
Sarasohn tries to minimize the destructive impact of the death tax on family-owned businesses using the definition of such a business as one which has only $7 million in assets. Using this definition, he can argue that only 100 businesses in America are impacted.
Yet many family-owned businesses such as mine are valued well in excess of $7 million. Many family businesses such as mine have created thousands of jobs. Our death tax liability is a concern for the entire local community.
The death tax is no straw man for America's family business owners and employees.
STEVE SWANSON
President, Swanson Group Inc.
Glendale
http://www.oregonlive.com/opinion/index.ssf/2009/04/letters_to_the_editor_psu_foot.html
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.