Jan 26, 2020 | Family Businesses, Family Enterprise USA, In The News
States aren’t having to rely on income tax increases, with other revenue options around. States have more revenue to spend in 2020, and that’s not because they’re raising income taxes. In fact, six states—including New York, Utah and Georgia—are slashing...
Jan 24, 2020 | Family Businesses, Family Enterprise USA, In The News
Michael Bloomberg Bloomberg is rich, aloof and imperious — is this really what Dems want for president? The curious campaign of Michael Bloomberg raises a question: Can a billionaire buy the Democratic nomination? In his late bid for the nomination that skips the...
Jan 22, 2020 | Budget Deficit, Family Businesses, Family Enterprise USA
You don’t need a crystal ball or fortune teller to understand that the federal budget system is broken and setting us up for failure. The Congressional Budget Office (CBO) estimated that the most recent 2019 budget accord, which set the table for the December spending...
Jan 20, 2020 | Estate Taxes, Family Businesses, Family Enterprise USA
Today Representative Jodey Arrington (R-TX) introduced the Estate Tax Rate Reduction Act of 2020 (HR 5652) in the House of Representatives, the identical companion bill for the Rate Reduction Act legislation pending in the Senate (S. 176)! The legislation would tie...
Jan 17, 2020 | Family Enterprise USA
Michael Bennet Bennet has introduced his economic plan which he calls his “Real Deal” as a contrast to what he clearly sees as the pie-in-the-sky type of plans from those candidates to his left, and a way to avoid a quagmire over Medicare for All. The plan...
Jan 7, 2020 | Estate Taxes, Family Business Survey
Reducing Over Regulation. Reducing Or Repealing Estate Tax. Simplifying Tax Code Family business are key drivers of economic development, but taxes and regulations hinder growth. Family businesses tell us top priorities are: Reducing Over Regulation Reducing Or...
Dec 27, 2019 | Family Enterprise USA
Joe Biden Biden to Target Tax-Avoiding Companies Like Amazon With Minimum Federal Levy Democratic presidential candidate Joe Biden plans to pay for $3.2 trillion in policy proposals with new and higher taxes on the wealthy and corporations, including a measure...
Dec 23, 2019 | Estate Taxes, Family Enterprise USA
As congress wrapped up its work for the year, there was a flurry of activity on our bills. The full repeal bill in the House (HR 218) picked up six new supporters, bringing the total to 127. They are Representatives Chris Stewart (R-UT), Roger Williams (R-TX), David...
Dec 21, 2019 | Family Enterprise USA, Taxes
If you’ve seen the recent FEUSA/PATG presentation on Voter Sentiment and Tax Policy, you know we highlight the fact that most of the tax deals happen at the end of the year when Congress has a deadline and wants to leave town. It wasn’t much different this year as...
Dec 10, 2019 | Family Enterprise USA, Income Taxes
Great Britain’s top 1 percent are now paying more than a third of the country’s income taxes, according to a new study from the Institute for Fiscal Studies — painting a picture of a rather progressive U.K. tax system. Right now, more than two in five...
