Estate Tax Repeal And Impact Discussion
Policy & Taxation Group invites you to attend a reception and discussion hosted by Don and Greg Root. Last year was a historic year for tax reform with the "Tax Cuts and Jobs Act of 2017". Families and their businesses were simultaneously helped and hurt. Over the...
HR 5422 Death Tax Repeal Bill Introduced
As you know, with Rep. Kristi Noem (R-SD) running for Governor of South Dakota, we need a new champion for our issue in the House. To that end, House Ways and Means Committee Chairman Kevin Brady (R-TX) has tapped Rep. Jason Smith (R-MO) to continue leading the fight...
Update and Extend Earlier Estimates of Proposals to Modify The Estate Tax
Update and Extend Earlier Estimates of Proposals to Modify The Estate, Gift and Generation Skipping Transfer Taxes In this memorandum we update and extend our earlier estimates of three (3) proposals to modify the existing estate, gift and generation skipping transfer...
Individual Tax Cut Extension to Get Vote This Year, Ryan Says
By Anna Edgerton; Bloomberg BNA The House will hold a vote this year to make individual tax cuts permanent, according to House Speaker Paul Ryan, even though the effort is unlikely to become law during this Congress. The speaker's comments signal the GOP is plowing...
Get Estate Tax Relief Updates
Since it is possible that additional estate tax "relief" may be possible this year, and unlikely that we'll see total "repeal", PATG has drafted "Rate Reduction legislation" and are working with champions in the House and the Senate to get it introduced. Would you...
Estate Tax Rate Reduction Legislation
Since it is possible that additional estate tax "relief" may be possible this year, and unlikely that we'll see total "repeal", PATG has drafted "Rate Reduction legislation" and are working with champions in the House and the Senate to get it introduced. You can see...
Tax Cuts, Round 2 In 2018
Tax cuts, Round 2: GOP looks to punish Democrats in 2018 POLITICO Magazine By BURGESS EVERETT and RACHAEL BADE - 03/27/2018 06:08 PM EDT "It's the tax pony, and that's the only horse they have to ride," says one top Democrat. Read the full story Thank you for your...
Chairman Brady Announces Intention To Have Another Tax Bill In 2018
Just in case you missed it; In the House Ways and Means Subcommittee Tax Policy Subcommittee Hearing last week, Chairman Brady acknowledged that Republicans are working on a second round of tax cuts to be unveiled later this year. Though the Chairman did not indicate...
State Death Tax Chart Update March 18, 2018
Revised March 18, 2018 PATG State Death Tax Chart - March 18, 2018 This chart is maintained for the Policy and Taxation Group Website and is updated regularly. Any comments on the chart or new developments that should be reflected on the chart may be sent to...
A Letter for Ways and Means Tax Policy Subcommittee Hearing
Policy and Taxation Group submitted this letter for Ways and Means Tax Policy Subcommittee Hearing held on Wednesday 3/14. The Honorable Vern Buchanan U.S. Congressman, Sixteenth District of Florida Chairman, House Ways and Means Tax Policy Subcommittee 1102 Longworth...
Update On Activities Of PATG, FEUSA, And More
To prepare for the opportunities in the year ahead, we have already begun engaging with lawmakers and identifying our champions - including Rep. Mike Kelly (R-PA), who we would like to see take the issue from Rep. Krisi Noem (R-ND) when she leaves Congress at the end...
Senate Democrats Pitch Repeal Of Tax Cuts To Fund Infrastructure (Back)
By Toby Eckert Senate Democrats unveiled on Wednesday a $1 trillion infrastructure plan that would be funded by repealing numerous tax cuts Republicans pushed through Congress last year. The plan would return the top individual tax rate to 39.6 percent, set the...
Tax Policy; The Politics Of It All
If you happen to be in the Orange County, CA area and would like to hear my presentation as described below; please let me know, we would love to have you join us. Open To Supporters Only The Presentation and Lunch will be on: Tuesday, 4/3/18 at 11:30am to 1:00pm...
Drive to Kill Estate Tax Isn’t Dead, Despite Doubled Exemption
By Allyson Versprille and Jorge Uquillas Estate tax repeal efforts aren't dead, but tax law changes will make it harder for proponents to make headway anytime soon. "Getting enough Democrats to vote for repeal in the near term I think is going to be a pretty heavy...
Wishing You All The Very Happiest Of New Years
Wishing you all the very happiest of New Years, with the hope that the surprises that lie ahead in 2018 are only of the most positive kind. This is perhaps an appropriate, albeit bittersweet, segue way to where our Tax Bill effort ended up in 2017. Bittersweet because...
Summary of Tax Cuts and Jobs Act of 2017
Highlights of recently enacted Tax Reform Bill (HR1 "Tax Cuts and Jobs Act of 2017") Individuals Double the estate, GST and gift tax exemption ($5.6 million to $11.2 million, indexed for inflation) for estates of decedents dying and gifts made after December 31, 2017,...
Trump Signs Tax Reform Bill Into Law
Earlier today President Trump signed the just-passed tax reform legislation into law. Though there had been discussion that the President would wait until January to sign the legislation, last night Congress passed a government funding bill that includes a waiver of...
House and Senate Pass HR 1; on to President
The U.S. House again passes sweeping rewrite of the tax code with a vote of 224-201 of voting in favor and on HR1; Tax Cuts and Jobs Act. 16 Republicans voting against or not voting, and all Democrats opposing or not voting. The House voted again, after the Senate...
Approval of Conference Committee Report
On Friday, December 15, 2017, the Conference Committee for the Tax Cuts and Jobs Act released and approved its conference report reconciling the differences between the House and Senate tax reform proposals. Of particular relevance, the agreement doubles the estate...
Estate Tax Is Hurdle For Minority American Business Owners
BY HARRY ALFORD, OPINION CONTRIBUTOR - THE HILL - 12/08/17 12:00 PM EST ( THE VIEWS EXPRESSED BY CONTRIBUTORS ARE THEIR OWN AND NOT THE VIEW OF THE HILL) The estate tax creates an unfair situation for black-owned businesses, which have primarily started to accumulate...
Conference Committee Meets on Wednesday This Week
Members Contact Info Below This will be a very important week, the Conference Committee meets Wednesday 12/13. I will be in DC, meeting with those members who we think can help get the most immediate and permanent estate tax relief for families that is possible....
Full List of Conference Committee Members
Both Republicans and Democrats Senate Republicans Finance Committee Chairman Orrin Hatch (R-UT) 202 224 5251; hatch.senate.gov Senator John Cornyn (R-TX) 202 224 2934; cornyn.senate.gov Senator John...
Supporters Update on Estate Tax; Time is of the Essence!
Earlier this morning, the Senate voted 51-49 to pass its version of the Tax Cuts and Jobs Act, with Sen. Bob Corker (R-TN) being the lone Republican to vote against the bill (along with the all 48 Democrats. Though it does not include repeal of the Death Tax, it...
Tax Reform Qualitative Research Findings
Frank Luntz and Luntz Global Partners November 15, 2017 Priorities are crystallizing. As the first year of President Trump’s administration nears its end, Congress has turned its attention away from the health care, regulatory, and judicial appointment battles of the...
Soldano Is The Invisible Leader In Killing Estate Tax
Braving Backlash, Patricia Soldano Of Anaheim Hills Is The Invisible Leader In Killing Estate Tax By DAVID WHITING | [email protected] | Orange County Register PUBLISHED: November 10, 2017 at 4:44 pm UPDATED: November 13, 2017 at 4:02 pm Patricia Soldano is...
WATCH: The Estate Tax: The Politics of It All
House Ways and Means Committee Markup of H.R. 1
Fourth and Final Report: House Ways and Means Committee Markup of H.R. 1, Tax Cuts and Jobs Act As we await the release of the Senate's "conceptual draft," we wanted to report on progress in the House. Following a four day markup, the Ways and Means Committee...
UPDATE: Senate Markup Bill
House Ways and Means Committee Votes to Phase Out the Death Tax by 2024; Senate Finance Committee Proposes to Double the Exclusion Yesterday, the House Ways and Means Committee voted along party lines to pass their tax reform bill which repeals the Death Tax in 2024...
Revenue Analysis of Options to Reform the Federal Estate, Gift and Generation Skipping Transfer Taxes
Quantria Strategies; Final report September 2017 Revenue Analysis of Options to Reform the Federal Estate, Gift and Generation Skipping Transfer Taxes Executive Summary Our federal transfer tax system has three related components: the estate tax, a gift tax and a...
House to Release Tax Bill Text
House Said to Release Tax Bill Text Next Week By Laura Davison The House Ways and Means Committee is scheduled to release a tax bill the week of Oct. 30, according to two tax lobbyists who spoke with House GOP aides. The bill is slated to be marked up by the committee...