A Short & Simple Approach
The problem with the current estate tax: Up to 22,000 Farms, 14,000 real estate partnerships, 29,000 privately held corporations and 170,000 total households will be susceptible to estate taxes in 2011 (Duquesne: Prof. Antony Davies) The ASSET Solution The ASSET proposal is based on permitting the capital gains tax on estate assets of wealthy taxpayers [...]
Welcome CRDR Members
I would like to formally welcome the dealer members of CRDR – the Committee to Restore Dealer Rights co-founded by Jack Fitzgerald the Auto Dealer to ASSET. We welcome you; we need you and we thank you. The work being championed by ASSET has been ongoing for more than 5 years, but now the organization [...]
Understanding ASSET: A One Minute Video
This video is a one minute explanation of the ASSET proposal, Americans Standing for the Simplification of the Estate Tax, in how to collect the same cash flow revenue to the IRS Internal Revenue Service while at the same time preventing the harm that comes from when a business owner or someone “asset rich” and “cash poor” must sell off all or a portion of an estate in order to pay the IRS the 35%, 45% or 55%.
A Better Idea: The ASSET Way
I just finished a new video that’s only one minute long. I think this video is great to share with other business owners, employees, vendors, and family and friends. Please take one minute and let me know what I can do to help make the message even more clear. A Better Idea: Explanation of ASSET
ASSET has a Better Idea…
The President has called for closing tax loopholes. The estate tax has more “loopholes” than Swiss cheese and experts say the super rich don’t pay it. If I liquidated my business I wouldn’t pay it either. But what happens to the 1,200 jobs there? Today’s estate tax costs jobs. That’s wrong. ASSET has a better [...]