Aug 10, 2010 | Blog
Following S&P’s downgrading of the nation’s credit rating, the reactions of party leaders reflected their continuing disagreement on whether tax increases should be part of the nation’s approach to deficit reduction. Republicans blamed years of out-of-control...
Aug 10, 2010 | Blog
October 23, 2009 Good news! On October 22, House Ways and Means Committee Chairman Charles Rangel (D-NY) publicly reported that his committee is preparing legislation to permanently freeze the estate tax at current levels instead of opting for a one-year freeze that...
Aug 10, 2010 | Blog
Dear Supporters: Over the last three months, we have worked strategically to move House leaders away from legislative proposals that would merely extend the current estate tax for one year or eliminate important valuation discount planning techniques. We are thus...
Aug 10, 2010 | Blog
House leaders have begun to prepare to consider a small business bill that would include a provision limiting the use of grantor retained annuity trusts (GRATs). Today Senator Jon Kyl (R-AZ), our lead Republican ally in the Senate, pledged to offer an amendment to the...
Aug 10, 2010 | Blog
By Jeff Cook, President & CEO, Policy and Taxation Group With families facing unprecedented uncertainty, the future of the estate tax on Capitol Hill remains an open question. After Congress passed the Economic Growth and Tax Relief Reconciliation Act (EGTRRA) in...
Aug 10, 2010 | Blog
House Democratic leaders have announced that they plan to introduce and consider another bill that would include a provision limiting the use of grantor retained annuity trusts (GRATs). This second bill is expected to include many of the same provisions previously...