What’s New with the Estate Tax?
by: Jordan Silverman — ASSET The estate tax has amassed an increasing amount of media attention lately. This, in large part, is due to the deaths of celebrities such as Joan Rivers and Phillip Seymour Hoffman, both of whom had amassed multimillion dollar estates that are now subject to the tax. In non-celebrity news, the [...]
21: Good for Blackjack, Not to Gamble You Will Die
Current Estate Tax provisions Expire in 21 Months We just returned from meetings in Las Vegas, Nevada, and we can’t help but make the comparison between everyone that’s hoping to hit 21 at the tables, and people hoping they will die within the next 21 months before the estate tax returns to historic levels crushing [...]
How Does it Work?
After more than 100 meetings with think tanks, elected officials and associations, we have tried to create a visual represenatation of how the ASSET method works in practice.
Charlotte Business Journal: No Certainty
Even the Charlotte Business Journal understands that we are operating on life support in small private businesses and family farms when it comes to tax predictability. No one knows that the future holds. In their recent story: Congress gives short-term relief on taxes writers Heidi Royal and Jessica Hardin note that “Last year’s tax legislation [...]
ASSET Poll: What’s important?
JavaScript needs to be enabled for polling to work. Online Surveys by Constant Contact.
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%.
Testimony by Don Marron – Urban Brookings at Senate Finance 2/2/2011
America’s tax system is broken. It’s needlessly complex, economically harmful, and often unfair. It fails at its most basic task, raising enough money to pay our government’s bills. And it’s increasingly unpredictable, with large, temporary tax cuts not only in the individual income tax, but also in corporate, payroll, and estate taxes. For all those [...]
