Asset: Americans Standing for the Simplification of the Estate Tax

Asset: Americans Standing for the Simplification of the Estate Tax ASSET: Americans Standing for the Simplification of the Estate Tax http://EstateTaxSimplification.o

And we have come full circle....this is not the answer.
01/31/2019

And we have come full circle....this is not the answer.

The proposed legislation would raise up to $2.2 trillion in taxes of all 588 U.S. billionaires with a net worth of more than $3 trillion.

01/19/2019

https://www.cotton.senate.gov/?p=press_release&id=1046

Introductions of legislation is a step forward...but getting it marked up in Finance is what is required. ASSET could solve this issue forever.

Washington, D.C. - Senator Tom Cotton (R-Arkansas) along with Senators John Boozman (R-Arkansas), Roy Blunt (R-Missouri), and Joni Ernst (R-Iowa) today introduced the Estate Tax Rate Reduction Act which would reduce the estate tax to 20 percent, the same as the current capital gains tax rate."Famili...

Just a reminder - the exemption level increases to 11.4 million.    is a better way to go
12/20/2018

Just a reminder - the exemption level increases to 11.4 million. is a better way to go

IRS announces the 2019 inflation-adjusted figures for gift and estate tax exemption amounts. The federal gift, estate, and GST exemption amount ( the exemption amount) is the total amount that

We've seen this episode before.  Many years ago the Washington Redskins were forced to be sold by Jack Kent Cooke's heir...
10/10/2018

We've seen this episode before. Many years ago the Washington Redskins were forced to be sold by Jack Kent Cooke's heirs. Fortunately, the Spanos family will retain control, but the planning and expense of this have been significant for sure. ASSET would have eliminated any of the issues the family faces, and the government would continue to receive their revenue stream.

When the patriarch of a family that owns an NFL franchise passes, one of the most important questions becomes whether the transfer of his ownership interest to other family members will trigger the…

Nothing is ever permanent....She wants to raise the estate tax.
09/25/2018

Nothing is ever permanent....She wants to raise the estate tax.

Sen. Elizabeth Warren, D-Mass., is seeking to put her stamp on affordable housing with a sweeping overhaul of the current system.

Contributor and business man Jim Carter is correct:
11/29/2017

Contributor and business man Jim Carter is correct:

Not since Ronald Reagan graced the Oval Office has Congress been better poised to boost economic growth and prosperity through a thoughtful revamp of the federal tax code. Unfortunately, the House and Senate are taking entirely different approaches — only one of which is pro-growth — to tackling...

One of the 31 reasons for Tax Reform.  Today - The estate tax....
08/14/2017

One of the 31 reasons for Tax Reform. Today - The estate tax....

BACKGROUND: It has been 31 years since the last major overhaul of America’s tax code. So, throughout the 31 days of August, we’re highlighting 31 reasons why we need bold, pro-growth tax reform in 2017. Republicans are moving forward now on pro-growth tax reform that will: Grow jobs and paychecks na...

Tax Reform must include the estate tax.  Repeal is ideal.  ASSET is the back up.
05/17/2017

Tax Reform must include the estate tax. Repeal is ideal. ASSET is the back up.

WASHINGTON, D.C. – Ways and Means Committee Chairman Kevin Brady (R-TX) on Wednesday spoke at a press conference on the urgent need for tax reform that will create jobs, increase paychecks, and grow America’s economy. Chairman Brady’s remarks come in advance of the Ways and Means Committee’s major h...

It's a new day.  Welcome to 2017:  Estate Tax Repeal.
01/26/2017

It's a new day. Welcome to 2017: Estate Tax Repeal.

WASHINGTON (Jan. 26, 2017) — Congressional Republicans from South Dakota have reintroduced identical House and Senate bills to repeal the federal estate tax.Sen. John Thune, R-S.D., and Rep. Kristi Noem, R-S.D., are sponsors of the Death Tax Repeal Act of 2017.Sen. Thune said his bill

If we don't stop the new rule imposed by this administration, thousands of private businesses who followed the law will ...
09/22/2016

If we don't stop the new rule imposed by this administration, thousands of private businesses who followed the law will be at risk. The President is raising the estate tax without a vote in the United State Congress. We need to stop this.

Introduction of bill to kill Treasury's rule curbing tax-planning strategies comes as Hillary Clinton announces an increase to her top estate-tax rate.

The Treasury department just made our case - why we need the certainty of an alternative solution like ASSET.  This is a...
08/02/2016

The Treasury department just made our case - why we need the certainty of an alternative solution like ASSET. This is about preserving jobs.

Only a few families pay this tax every year, but some may not be paying their fair share.

States continue to be a battleground on the inheritance/estate tax while Congress is in recess during this election cycl...
07/19/2016

States continue to be a battleground on the inheritance/estate tax while Congress is in recess during this election cycle. The federal estate tax is still harming family owned and private businesses.

Editor: All New Jersey residents must buy gas, despite the size of their paycheck. A gas tax hike will disproportionately hurt people with the least.

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