ASSET Estate Tax Issue Brief
Estate Tax ASSET Issue Brief Handout 2-22-13 rev b ASSET proposes a change in the estate tax collection method that preserves jobs and harnesses private capital while maintaining revenue neutrality. Issue Find a way for the Treasury to collect the same revenue generated through the estate tax without continuing the status quo, in which Americans [...]
Coalition Leader Encourages Senate Gang of 8 to Adopt “ASSET Plan” on Estate Tax Reform
October 9, 2012 – The bipartisan group of eight Senators known as the “Gang of 8” is meeting this week in Mount Vernon with hopes to create a plan to prevent the federal government from plunging over the so-called fiscal cliff, which includes the expiration of Bush-era tax cuts and the severe automatic cuts to [...]
Chairmen Camp and Baucus Announce Joint Hearing on Tax Reform and the Tax Treatment of Capital Gains
Thursday, June 28, 2012 Congressman Dave Camp (R-MI), Chairman of the House Committee on Ways and Means, and Senator Max Baucus (D-MT), Chairman of the Senate Committee on Finance, today announced that the Committees will hold a joint hearing to review the tax treatment of capital gains in the context of comprehensive tax reform. The joint [...]
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 [...]
Forbes: Federal Estate Tax Still Headed in the Wrong Direction
Forbes is reporting on the state of affairs on Capitol Hill for the estate tax. We have 11 months before we see a return to the much higher rates. The author Matthew Campione is suggesting how hopeful he is that there will be a negotiation to preserve the lower rates, but we know with an election [...]
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 [...]
Farmers: Fighting for Families and Jobs
Farmers hold a special place in our society, because they still work the land to provide food, for their own families and for all Americans. The Estate Tax has been one of the farmer’s greatest enemies. Farms often operate with the help of several generations, working side by side each day, along with other people [...]
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 [...]