In opposing pieces, the Heritage Foundation and United for a Fair Economy offered opposing views on the estate tax repeal. The Heritage Foundation argues that the estate tax slows growth and penalizes entrepreneurship. United for a Fair Economy argues that the estate tax is an important revenue source for growing budget deficits.
See Heritage Foundation Presents Case for Estate Tax Repeal, 2010 TNT 140-27 (July 20, 2010); United for a Fair Economy Urges Reinstatement of Estate Tax, 2010 TNT 140-28 (July 21, 2010).
Posted by James G. Haskell, Associate Editor, Wealth Strategies Journal.
See Heritage Foundation Presents Case for Estate Tax Repeal, 2010 TNT 140-27 (July 20, 2010); United for a Fair Economy Urges Reinstatement of Estate Tax, 2010 TNT 140-28 (July 21, 2010).
Posted by James G. Haskell, Associate Editor, Wealth Strategies Journal.
Links to the two reports/organizations are as follows:
Heritage Foundation: http://www.heritage.org/Research/Reports/2010/07/The-Economic-Case-Against-the-Death-Tax
United for a Fair Economy: http://www.faireconomy.org/
Lew Saret