Aug 10, 2010 | Blog
Senate Finance Committee Chairman Max Baucus (D-MT) was expected to introduce the bipartisan tax reform framework late on December 9. According to our sources, the bill still will include the 35% rate and $5 million exemption agreed to by President Obama and...
Aug 10, 2010 | Blog
Dear Supporters: Late last week, BNA reported that Senate Finance Committee Chairman Max Baucus (D-MT) indicated that he intends to draft legislation that would reinstate the estate tax retroactively, but that he was unsure when legislation might be ready for...
Aug 10, 2010 | Blog
Congresswoman Shelley Berkley (D-NV) introduced legislation making the estate tax relief in the 2010 Tax Act permanent, solidifying the lower 35% rate, higher $5 million exemption indexed for inflation, reunification and spousal portability. Policy and Taxation Group...
Aug 1, 2010 | Blog
On July 29 Senate Republicans blocked an attempt by Democratic leaders to invoke cloture and proceed to debate on the small business bill (HR 5297) in a 58-42 vote. Republicans opposed further movement on the bill due to their inability to offer amendments, including...
Jun 30, 2010 | Blog
June 30, 2010 Yesterday the Senate began consideration of its version of the small business lending bill and passed a key procedural hurdle, invoking cloture by a vote of 66-33. As you know, the House previously passed its bill (HR 5297), which included a provision...
Jun 28, 2010 | Blog
Biden Deficit Reduction Talks – As of June 20, 2011, Vice President Biden and a group of lawmakers are shooting for an early July deadline to reach agreement on a deficit-reduction plan. The aim is to reach a deal in time for Congress to meet an August 2 deadline for...