Washington DC – When I was a kid one of my early jobs was working at a TGI Friday’s restaurant. We had a sign on the door that said “Come In – We’re open.” My job was to serve the wait staff and the customers in the beginning, as a “food runner.” With the government shut down, not only is the government closed for business, I would argue that both parties have been closed minded to compromise and new ideas.
ASSET is a new idea. A group of business people and farmers got together to find a way to change the mind set of politicians about the way the estate tax revenue is collected. People have become so entrenched in winning an argument that it’s more important to be right than it is to stop the harmful effects of an ineffective tax on private business and farms. We can change that.
Some members of the Senate and House are listening. As the discussion about comprehensive tax reform rages on, even as the shut down drags on, we are slowly raising awareness in offices, committee rooms, at think tanks and even around the country. There is a way forward that collects the tax without requiring liquidation of the assets to pay the tax.
Being open should be about more than the physical plant of the government, from the Department of Agriculture to the National Zoo (A-Z). Being open should include openness to ideas that solve a problem and take away an issue that has too long been used to raise funds for both sides.
If nothing else the shut down allows people time to reflect on what is really important. We believe it is really important to save jobs. That’s what ASSET does. We remain hopeful that our elected officials are soon “open” so we can get on to the work of the people with tax reform, including reforming the estate tax with ASSET as a solution.