2017.09.13.Tax Reform Update – Estate Tax Repeal – Family Business Coalition + Center on Budget and Policy Priorities

See following estate tax repeal lobbying letters/posts by clicking on links:

Family Business Coalition: The estate tax provides very little federal revenue, is unfair to families, and is opposed by a supermajority of likely voters, and eliminating the tax would create jobs and grow the economy.

Center on Budget and Policy Priorities: The federal estate tax applies only to the value of an estate exceeding $ 5.5 million per person or $ 11 million per couple, so repealing the tax would only provide tax cuts to the wealthiest estates and their heirs, according the Center on Budget and Policy Priorities blog post, which included a table listing taxable estates by state in 2018.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.