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The War on Capitalism – The Whole Story

The War on Capitalism – The Whole Story

Jul 2, 2019 | Estate Taxes, Family Businesses, FEUSA, Taxes

[vc_row][vc_column][vc_column_text] While I can’t say I’m pleased with what we learned, I am encouraged that there is a roadmap forward.  Capitalism isn’t dead, but it is certainly damaged thanks to decades of political attack and corporate abuse.  But...

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Family Business News

  • WATCH; Steve Wells, Founding Partner of American Food and Vending Corp: How Will Bidens Tax Proposals Impact His Family Business
  • State by State Death Tax Chart Update July 26, 2021
  • Murphy Oil Corporation: Industry Leadership – A Vision Realized
  • Poll Question: What Biden Tax Policy is important to you?
  • All Republican Senators Urge President to Keep Step UP
  • Speakers and Agenda – Join Frank Luntz and James Williams on July 29 Update call
  • Consider Joining Us For Frank Luntz Presentation During July 29 Members Call
  • Hearings Review: Tax and Financial Services Committees
  • Podcast – Hear Pat Soldano: The Importance of Family Businesses in the US
  • WATCH; Casey Roscoe 3rd Generation, Seneca, Eugene, OR; The Impact Of The Estate Tax (Death Tax)
  • Ensure Your Voice is Heard in DC

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President Biden has proposed two plans which would change tax policy, The American Jobs Plan and the American Families Plan. Included in these plans are some of the policies described below; please give us your opinion of what is most important to you, see the list below.

Increase in capital gains tax rate(Required)
Elimination of the Step up in Basis when estate tax is paid(Required)
Increase in income tax rates(Required)
Reduction of the estate tax exemption from $11.7 million to $1 million(Required)
An increase in the estate tax rate to 45%(Required)