An increase in income tax rate means you'll pay a higher percentage of your income to the government. This directly reduces your disposable income, the money you have left after taxes for spending or saving. This can make it harder to afford basic necessities, save for retirement, or invest in your future.
Get to Know the Congressional Family Business Caucus in New Video from Family Enterprise USA
If you are just hearing about the bipartisan Congressional Family Business Caucus for the first time a new, 60-second video from Family Enterprise USA is now available. The short introductory video highlights the Caucus mission and how it helps family businesses tell their stories on Capitol Hill. The Caucus has four co-chairs: Jodey Arrington (R-TX), Rep. Brad Schneider (D-IL), Rep. Claudia Tenney (R-NY), and Rep. Henry Cuellar (D-TX).
The mission of the Caucus is to educate and raise awareness of America’s largest private employer, family businesses, which contribute $7.7 trillion annually to U.S. gross domestic product and account for nearly 60% of all private workforce employees, or 83.3 million jobs.
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The need for fact-based reporting of issues important to family offices and successful individuals and protecting a lifetime of savings has never been greater. Now more than ever, family offices and successful individuals are under fire. That’s why Policy and Taxation Group is passionately working to increase the awareness of issues important to family offices and successful individuals, while continuing to strengthen our presence on Capitol Hill.
Policy and Taxation Group is the Voice for Family Offices and Successful Individuals in Washington, DC focused exclusively on the critical tax and economic policies that impact them.
Since 1995, Policy and Taxation Group has been the leading advocacy group working to reduce and eliminate estate tax, gift tax, and generation skipping transfer tax while blocking increased income tax and capital gains taxes, the creation of a wealth tax, and other hostile tax policies that punish hardworking taxpayers and success.
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