The death tax should be completely and permanently repealed now in order to make the Tax Code fairer and simpler and to eliminate the harmful drag this tax has on the economy.
The death tax should be completely and permanently repealed now in order to make the Tax Code fairer and simpler and to eliminate the harmful drag this tax has on the economy.
If we don't act now, the death tax will come back in just a few years. Under current law the death tax is phased out in 2010 but comes back in full force in 2011. That is a ridiculous and untenable policy.
The death tax is one of the leading causes of the dissolution of small businesses.
We need to end permanently the tax that punishes American values of savings and investment and of building small businesses and family farms and ranches.
According to the Small Business Administration, more than 70 percent of all family businesses do not survive through the second generation, and 8 percent do not make it to a third.
This report has confirmed what small-business owners have been telling us for years -- the tax code is just too difficult for most people to understand and the IRS has not operated in a way to serve small businesses effectively,
© 2020 Inspirational Stories
© 2020 Inspirational Stories