An increase in income tax rate means you'll pay a higher percentage of your income to the government. This directly reduces your disposable income, the money you have left after taxes for spending or saving. This can make it harder to afford basic necessities, save for retirement, or invest in your future.
Join us on June 6 in Oak Brook to hear about the latest developments in Washington, DC and their impact on family businesses.
A panel of government relations professionals will present the findings of the new FEUSA 2024 Annual Family Business Survey. They will delve into the current landscape in Washington, DC, offering insights into tax policy issues affecting successful families, family offices, and family businesses. The discussion will also touch upon the recent activities of the Congressional Family Business Caucus, which convened in May.
This exclusive event offers an insider’s view of Washington, DC, delivering crucial intelligence on key tax policy matters. It will be attended by a select group of family business leaders, family office executives, and distinguished guests. Local members of Congress have also been extended invitations.
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The need for fact-based reporting of issues important to multi generational businesses and protecting a lifetime of savings has never been greater. Now more than ever, multi generational businesses and family businesses are under fire. That's why Family Enterprise USA is passionately working to increase the awareness of issues important to generationally-owned family businesses built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates, possible elimination of valuation discounts, increase in capital gains tax, enactment of a wealth tax, and the continued burden of the gift tax, estate tax and generation skipping tax.
Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC. Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions and industries of family-owned enterprises and multi-generational employers. It is a bi-partisan 501.c3 organization. Family foundations can donate.
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