The Issue

• The Issue in Review
• Legislative update
• Status of Legislation

The Issue in Review

When a family member inherits a family business after the death of its owner, they don't simply pay taxes for the liquid assets inherited. Truth is, they have to pay the government up to 47% in taxes — in cash — on all assets, including land, building, equipment, and more. Because the estate taxes are unreasonably high, many heirs who cannot afford to pay them are forced to sell their business, break up or liquidate their assets soley to pay the tax. This kills jobs and discourages owners from growing their businesses.

Momentum continues to build in Washington, D. C. for repeal or significant modification of the federal estate (death) tax. The president has included permanent repeal of the tax among his priorities, and it has been introduced in both the House and the Senate.

It is critical that citizens become aware of this abysmal public policy and take action! Every effort needs to be made to let congress know how important it is to repeal or substantially modify the death tax.

Need to know more before you take action?

• The Death Tax — Where did it come from?
• The Death Tax is an ineffective federal revenue raiser
• The Death Tax is killing American business
• The Death Tax costs jobs
• Repeal would have a positive impact on our national economy

Please e-mail us with your comments, death tax horror stories and suggestions on-line at feedback@deathtax.com.

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