by Policy and Taxation | May 1, 2019 | Death Tax
Throughout the years, there have been many proposed solutions to the estate tax; from increasing it to eliminating it. In this article, Professor Samuel D. Brunson advocates for the elimination of the estate tax and proposes to replace it with an inheritance tax. He...
by Policy and Taxation | Jan 30, 2019 | Estate Tax
Supporters, On 1/8/19 Representative Jason Smith of Missouri introduced HR 218; Death Tax Repeal Act of the 116th Congress with 37 original co-sponsors including Representative Sanford Bishop (D) (GA). Please note that it does NOT repeal the gift tax, and it...
by Policy and Taxation | Jan 30, 2019 | Blog
Emmanuel Saez and Gabriel Zucman, two left-leaning economists at the University of California, Berkeley, have been advising Elizabeth Warren on a proposal to levy a 2 percent wealth tax on Americans with assets above $50 million, as well as a 3 percent wealth tax...
by Policy and Taxation | Jan 30, 2019 | Estate Tax
Senator John Thune introduced S.215 with 28 Cosponsors; a bill that will repeal the estate and GST tax but NOT the Gift tax and will maintain step up in basis; so, the same bill language he has introduced before. While we continue to remind legislators that the gift...
by Policy and Taxation | Jan 23, 2019 | Estate Tax
Washington, D.C.-Senator Tom Cotton (R-Arkansas) along with Senators John Boozman (R-Arkansas), and Roy Blunt (R-Missouri) today introduced the Estate Tax Rate Reduction Act. This would reduce the estate tax to 20 percent, the same as the current capital gains tax...
