Tis’ a Gift to Be Simple, Tis’ a Gift to Be Free: Simplify Your (tax) Life
By Nichole Westin, ASSET When people line up for hours to score the best deal on a television the size of a small car, after spending hours cross-referencing online sites, social media, and old fashioned newspaper inserts, one has to step back and wonder just how it became so complicated. Or how the economy came [...]
ASSET CALLS ON WAYS & MEANS TO INCLUDE REFORMING ESTATE TAX
Statement of Jack Fitzgerald, ASSET Coalition 2-28-2014 WASHINGTON DC – The drafters of the proposed Tax Reform Act missed the opportunity to resolve the significant inefficiencies and economic dislocation associated with the estate tax. While the tax reform proposal may have much to offer small businesses, I am amazed that the House Ways and Means [...]
On the Hill: Estate Tax in a Divided Congress…the Possible
Washington DC – Jack Fitzgerald, business owner and founder of Americans Standing for the Simplification of the Estate tax kicked off a legislative education series for the Center for Freedom and Prosperity for the 113thCongress by leading a briefing on Capitol Hill today about the ASSET solution to the estate tax. “Leave it to [...]
The Gangs’ All Here
Secret meetings of lawmakers are a staple in Washington. The latest to occur is the reconvening of the “Gang of 6” with two new additional members in Mount Vernon for the next three days, forming the all new “Gang of 8.” The original Gang of Six included Senators Mark Warner (D-VA), Kent Conrad (D-ND) and [...]
Patience: The Root of All Major Tax Reforms
Washington Post writer Lori Montgomery in 2,500 words has explained the lay of the land when it comes to tax reform through Ways & means so succinctly that I am painfully aware of what is required most when tackling this complicated issue of tax reform: patience. Similarly, at a lunch where freshman Congressman Mike Kelly [...]
Taxmageddon or Not: Change the Debate
Mike Brownfield at Heritage recently blogged about the coming fiscal cliff: As the Washington Post called it a “Taxmageddon.” It’s going to impact everyone. Not just the “rich”, whoever that might be, but even the employees of private businesses are going to be impacted. When money is taken out of the bottom line to pay [...]
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 [...]
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 [...]