The Realities of the Estate Tax, the Reasonable Compromise
House leadership has pulled the rule for consideration of H.R. 4853, the tax compromise, over liberal Democratic members’ unhappiness with how it would deal with a separate vote on the estate tax. The...
View ArticleRep. Camp Highlights Business Support for Tax Compromise
Rep. Dave Camp (R-MI), the next chairman of the tax-writing House Ways & Means Committee, kindly mentioned the National Association of Manufacturers and other business trade associations in his...
View ArticleTax Compromise: Signing Ceremony and Manufacturing’s Reaction
From President Obama’s comments at the bill signing ceremony Friday for H.R. 4853, the tax compromise: This bipartisan effort was prompted by the fact that tax rates for every American were poised to...
View ArticleGerman Peasants Call for Abolition of Death Tax
Your correspondent has been taking a German class at the Goethe Institute and part of our classwork involves watching and discussing an excellent TV series broadcast by the ZDF network, “Die...
View ArticleAppreciating Sen. Kyl’s Work on the Death Tax
Sen. Jon Kyl (R-AZ) on Thursday announced he would not seek re-election in 2012. The Wall Street Journal touched bases with the NAM’s Dena Battle, who shared the association’s appreciation with Sen....
View ArticleHouse, Senate Introduce Legislation to Relieve Manufacturers of Death Tax
A bicameral, bipartisan effort to fully repeal the estate tax was unveiled June 19 when Reps. Kevin Brady (R-TX), Mike McIntyre (D-NC) and Senator John Thune (R-SD) simultaneously introduced the Death...
View ArticleDeath and Taxes – Maybe Not So Certain Any Longer
It’s long been said that the only two things certain in life is death and taxes. Well, for too many family owned businesses this certainty is compounded by the long reviled death tax which is a burden...
View ArticleDeath and Taxes – Estate Tax Repeal Introduced in Senate
While death and taxes are two facts of modern life, death by taxes may soon be less of a worry for small and medium-sized family-owned manufacturers. During last week’s budget “Vote-a-rama,” where...
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Treasury Proposal Threatens Family-Owned Businesses
The Treasury Department this summer blindsided small manufacturers with a proposal that could derail plans by many business owners to pass their companies down to future generations. The proposed...
View ArticleTreasury Kills Estate Tax Proposal
In a big win for family-owned businesses this week, the Treasury Department announced its intent to withdraw proposed estate tax regulations that would have increased estate and gift taxes on...
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