[et_pb_section fb_built=”1″ _builder_version=”4.16″ custom_padding=”4px|||||” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_divider color=”#397389″ divider_weight=”2px” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_button button_url=”https:\/\/familyenterpriseusa.com\/polling-and-research\/contact-your-representatives-in-congress-to-join-the-congressional-family-business-caucus-now\/” button_text=”Contact Your Representatives in Congress to Join the Congressional Family Business Caucus Now!” button_alignment=”center” disabled_on=”off|off|off” admin_label=”Call to Action Button Top” _builder_version=”4.20.2″ _module_preset=”default” custom_button=”on” global_module=”7025″ saved_tabs=”all” global_colors_info=”{}”][\/et_pb_button][et_pb_divider color=”#397389″ divider_weight=”2px” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n
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Family Enterprise USA and the Policy and Taxation Group held its quarterly member and supporter webcast<\/a> where attendees heard from Dr. Frank Luntz<\/a> and legislative experts on the current legislative landscape<\/a>, 2024 Presidential election, and updates on the Congressional Family Business Caucus<\/a>.<\/strong><\/p>\n The webcast, hosted by Pat Soldano, President of Family Enterprise USA and Policy and Taxation Group, was attended by members and supporters of the two groups, including family businesses<\/a>, family offices<\/a> and centers, and successful individuals.<\/p>\n Pollster and political strategist Luntz, founder of Luntz Global, highlighted the results of his recent survey, which identified\u00a0Republican and Democrat values, including the importance of the word freedom.\u00a0Luntz also discussed how the Estate Tax\u00a0related to the\u00a0freedom to work and freedom to live.<\/p>\n [\/et_pb_text][et_pb_divider color=”#ff0000″ divider_style=”dotted” divider_weight=”1px” disabled_on=”off|off|off” _builder_version=”4.20.2″ _module_preset=”default” custom_margin=”||10px|||” global_colors_info=”{}”][\/et_pb_divider][et_pb_video src=”https:\/\/youtu.be\/r1gK0uLCMAM” _builder_version=”4.21.0″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″][\/et_pb_video][et_pb_divider color=”#ff0000″ divider_style=”dotted” divider_weight=”1px” disabled_on=”off|off|off” _builder_version=”4.20.2″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n In addition, Luntz also answered questions on 2024 Presidential Election and recent negotiations over the federal debt limit<\/a>. He noted that while bipartisanship shown in the debt limit agreement increases Congress\u2019s<\/a> credibility among voters, \u201cit also increases public frustration towards the governing process.\u201d<\/p>\n Another presenter, Jeffrey\u00a0Nowill, Legislative Director and Senior Counsel to Rep. Stacey Plaskett (D-VI), discussed recent bipartisan efforts to increase the federal debt limit, as well as on bipartisan legislation approved by the House Financial Services Committee.<\/p>\n Nowill stressed a divided\u00a0Congress\u00a0can address\u00a0issues impacting families and family-owned businesses. He also provided a preview of tax\u00a0and economic\u00a0legislation introduced June 9, which he said, \u201cwould include pro-business and pro-family provisions,\u00a0such as changes to research and development expensing\u00a0and bonus depreciation rules.\u201d<\/p>\n During the meeting, Brandon Roman, lawyer at Squire Patton Boggs,\u00a0provided an update on the\u00a0Congressional Family Business Caucus<\/a>. The Caucus, he said,\u00a0has grown\u00a0to nearly two dozen members, in part\u00a0due to\u00a0direct\u00a0outreach from supporters, underscoring\u00a0the importance of constituent outreach and engagement in growing the Caucus.<\/p>\n Roman also shared that Senator Jacky Rosen<\/a> (D-NV) had expressed interest in co-chairing the Caucus in the Senate with Senator Susan Collins<\/a> (R-ME). He then provided an overview of\u00a0upcoming Caucus initiatives, including a potential Caucus letter urging congressional leadership to consider the impact of public policies on family businesses as it develops legislation.<\/p>\n Finally, Russ Sullivan, partner at the law firm Brownstein, provided an overview of the negotiations to increase the federal debt limit<\/a>, noting the final bipartisan compromise negotiated by President Biden and House Speaker Kevin McCarthy (R-CA) did not include\u00a0tax changes<\/a>.<\/p>\n Sullivan confirmed House Republicans are expected to move forward soon with their tax<\/a> and economic growth package,\u00a0which is aimed at supporting\u00a0families, farmers, and small businesses.<\/p>\n The package, Sullivan said, could address several major tax policy issues<\/a>, including research and development expensing, the business interest expense deduction, and an expansion of the standard deduction, among other provisions. In addition, Sullivan discussed potential pay-fors, such as repealing Inflation Reduction Act energy tax credits and changes to the State and Local Tax (SALT) deduction cap.<\/p>\n During the webcast, Soldano reminded participants that\u00a0Family Enterprise USA and Policy and Taxation Group\u00a0will host their annual meeting on September 20, 2023, in Washington, D.C.<\/p>\n The annual meeting will feature an event hosted in coordination with the Congressional Family Business Caucus. Soldano encouraged participants to attend the annual\u00a0meeting and\u00a0urged participants to ask their Members of Congress to join the Caucus<\/a>.<\/p>\n \u201cThis third meeting continues to set the stage for educating Congress<\/a> members on the importance of family businesses to our economy,\u201d Soldano said. \u201cBut now, there is an urgency for more members to get involved so they understand the full scope of family businesses in this country,\u201d said Soldano.<\/p>\n [\/et_pb_text][et_pb_divider color=”#397389″ divider_weight=”2px” disabled_on=”off|off|off” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text admin_label=”Become a member text” _builder_version=”4.20.2″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” link_option_url=”https:\/\/familyenterpriseusa.com\/donate-2\/” global_module=”5822″ global_colors_info=”{}”]<\/p>\n As we prepare for what promises to be a pivotal year for America, we’re asking you to consider becoming a member.<\/p>\n The need for fact-based reporting of issues important to multi generational businesses<\/a> and protecting a lifetime of savings<\/a> has never been greater. Now more than ever, multi generational businesses<\/a> and family businesses<\/a> are under fire. That’s why Family Enterprise USA<\/a> is passionately working to increase the awareness of issues important to generationally-owned family businesses<\/a> 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<\/a>, possible elimination of valuation discounts, increase in capital gains tax<\/a>, enactment of a wealth tax<\/a>, and the continued burden of the gift tax<\/a>, estate tax<\/a> and generation skipping tax<\/a>.<\/p>\n [\/et_pb_text][et_pb_button button_url=”https:\/\/familyenterpriseusa.com\/donate\/” button_text=”Become a Family Enterprise USA Member” button_alignment=”center” disabled_on=”off|off|off” admin_label=”Become FEUSA member button” _builder_version=”4.18.0″ _module_preset=”default” custom_button=”on” global_module=”6503″ global_colors_info=”{}”][\/et_pb_button][et_pb_divider color=”#397389″ divider_style=”dotted” divider_weight=”2px” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text admin_label=”FEUSA Statement” _builder_version=”4.20.2″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” link_option_url=”https:\/\/familyenterpriseusa.com\/donate-2\/” global_module=”5910″ saved_tabs=”all” global_colors_info=”{}”]<\/p>\n Family Enterprise USA<\/a> promotes family business and job creation, growth, and sustainability by advocating for family businesses<\/a>, their lifetime of savings, and the issues they face running their businesses every day. Some of the issues we fight for or against with Congress in Washington DC are high Income tax<\/a> rates, possible elimination of valuation discounts, increase in capital gains tax<\/a>, enactment of a wealth tax<\/a>, and the continued burden of the gift, estate taxes<\/a> and generation skipping taxes<\/a>. Family Enterprise USA represents and celebrates all sizes and industries of family businesses<\/a> and multi-generational<\/a> employers.<\/p>\n Family Enterprise USA<\/a> (FEUSA) is a 501(c)(3) non-profit organization. Family foundations can donate.<\/a><\/p>\n [\/et_pb_text][et_pb_text admin_label=”Hash tags & Tags” _builder_version=”4.20.0″ _module_preset=”default” global_module=”6498″ global_colors_info=”{}”]<\/p>\n #incometax #taxseason #federaltaxpolicy #taxation #EstateTax #Deathtax #wealthtax #taxLegislation #CongressionalCaucus #CapitalGainsTax #incometaxrates #incometaxseason #taxrefund #taxreturn #incometaxreturn #gifttax #Generationskippingtax #InheritanceTax #repealestatetax #FamilyBusiness #promotefamilybusinesses #familyowned #supportlocalbusiness #womeninbusiness #AdvocatingForFamilyBusinesses #Generationallyowned #Multigenerationalbusiness\u00a0 @FamilyEnterpriseUSA @PolicyAndTaxationGroup @DitchTheEstateTax #FamilyEnterpriseUSA #PolicyAndTaxationGroup #DitchTheEstateTax<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" Family Enterprise USA, Policy and Taxation Group Holds Quarterly Members and Supporters Webcast with Pollster Frank Luntz Insights On Current Political Landscape, Presidential Election Offered Along with Updates on Congressional Family Business Caucus Family Enterprise USA and the Policy and Taxation Group held its quarterly member and supporter webcast where attendees heard from […]<\/p>\n","protected":false},"author":2,"featured_media":8302,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"categories":[48,3,92,78,16,87],"tags":[],"class_list":["post-8300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-family-businesses","category-feusa","category-multi-generational-business","category-in-the-news","category-video-post","category-watch-listen"],"acf":[],"_links":{"self":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/8300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8300"}],"version-history":[{"count":2,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/8300\/revisions"}],"predecessor-version":[{"id":8304,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/8300\/revisions\/8304"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/media\/8302"}],"wp:attachment":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}We hope you’ve enjoyed this article. While you’re here, we have a small favor to ask…<\/em><\/h4>\n
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