Summary:
Rep. Roger William’s dad started a car dealership in 1939 and when he died, the ownership of the business was passed along to him, and so was the death tax liability, which equaled a significant value of the business’ worth. Williams nearly declared bankruptcy but fortunately was able to pull the resources together to keep his father’s dealership afloat.
Location: Weatherford, TX
Business: Roger Williams Chrysler Dodge Jeep Ram
https://williams.house.gov/media-center/columns/repealing-the-death-tax
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Policy and Taxation Group is your voice in Washington on economic freedom. We advocate for policies that allow American families to fully enjoy the economic liberties and benefits of a robust free market unique to our nation. For over 25 years, we have been the loudest voice in the nation’s capital on eliminating the death tax. This ill-conceived tax has a destructive impact on families, family businesses, job creation, and the national economy.
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