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.
This video features Pat Soldano, President of Family Enterprise USA, discussing the advocacy work for multigenerational family businesses in Washington DC. She interviews David Brown, CEO of C Mondavi, who provides insights into the history of the family-owned winery and his role in the company. David elaborates on the brand’s portfolio, workforce issues, and charitable initiatives. They also discuss the impact of regulations and legislation on their business operations. The conversation highlights the significance of family businesses and their contributions to local communities.
C Mondavi’s Multigenerational Legacy: David Brown, CEO of C Mondavi, shares the 80-year history of the family-owned winery, highlighting its majority women-owned status and multigenerational involvement since its founding in 1943.
Workforce Challenges: Brown discusses workforce challenges faced by C Mondavi, including attracting and retaining talent in the wine industry, emphasizing the importance of advocacy and innovative approaches to address these issues.
Charitable Giving and Community Impact: Brown underscores the family’s commitment to charitable giving and community impact, reflecting their immigrant roots and dedication to supporting local organizations and initiatives, despite potential challenges like estate taxes affecting family businesses.
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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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