ASSET Offers a Way Out for Congress and Taxpayers
A Simple Estate Tax Collection Method Allowing Same Cash Flow to Treasury and Saves Jobs, Farms and Businesses for Americans The U.S. House Small Business Committee held a hearing this month to assess the impact the estate tax has on private businesses across the United States. The timely hearing comes as the reimposition of [...]
ASSET Commends Congressional Hearing on Estate Tax Impact on Small Businesses, Farms and Ranches
In response to the announcement by the U.S. House Small Business Committee that it will hold a hearing on the estate tax on May 31, Jack Fitzgerald, founder of Americans Standing for the Simplification of the Estate Tax (ASSET), issued the following statement: “Our coalition is very pleased that the House Small Business Committee has [...]
ASSET in the News: ASSET Explains Why Many American Workers Are At Risk
Jack Fitzgerald, ASSET founder appeared on News Channel 8 “Let’s Talk Live” to talk about how the estate tax threatens many workers who work for private businesses. Since fortune 500 companies don’t pay an estate tax, those workers are never at risk if the CEO or Chairman suddenly dies. The estate tax threatens the medium [...]
Briefing on the Hill
ASSET was on Capitol Hill hosting a briefing with the Center for Freedom and Prosperity. On September 26, 2011 Jack Fitzgerald, Auto Dealer and Founder of ASSET: Americans Standing for the Simplification of the Estate Tax participated in a briefing on Capitol Hill called ”Changing the Estate Tax: Fairly, Immediately, and with Economic Benefit For All.” The [...]
Economist Steve Entin Working with ASSET
Steve Entin has been working with ASSET to help more fully develop the ASSET concept as we get closer to drafting legislative language. Most Recently Mr. Entin joined Mr. Jack Fitzgerald for the briefing held for Congressional Staff in September 2011. Mr. Entin was Deputy Assistant Secretary for Economic Policy at the Treasury Department in [...]
Opinion: Automotive News Reports on ASSET
Automotive News published this article about ASSET. Autodealers like Jack Fitzgerald are small businesses that provide thousands of jobs in each state…all at risk with the estate tax hike in 18 months. EDWARD LAPHAM Dealer Wars hero Fitz has new cause: Cut the estate tax Edward Lapham Automotive News | July 25, 2011 – 12:01 [...]
Welcome Farmers
A warm thank you to our Farm friends for hosting ASSET and joining with us in the quest for a permanent solution, using the ASSET method to change the way the estate tax is collected. With the many regulatory challenges you face already, the estate tax is a last straw that adds insult to injury. [...]
Answers to Frequent Questions
Proponents of the Estate Tax insist that accumulated wealth should be taxed and loopholes closed. Opponents argue this is the wrong way to do it, and capital gains tax would raise more revenue. Both sides insist there should be no reduction in revenue at this time. The ASSET plan is to replace the Estate Tax [...]
Time For A Recall
By Jack Fitzgerald as printed in the Washington Examiner (Mr. Fitzgerald is CEO of Fitzgerald Auto Malls in Maryland, Pennsylvania, and Florida and the founder of Americans Standing for Simplification of the Estate Tax – ASSET) In America, when a product is faulty there is a recall. The same should be said for malfunctioning provisions [...]
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 [...]