Death Tax
The "Death" Tax is killing family business.
Due to the death tax, a family-owned business stands to lose 55% of all its assets when it passes from one generation to the next. That's over half of everything, including land, buildings, equipment, money, and more
-- all because of the current Death Tax law which is really a tax on death.
Because of this outrageous death tax, 70% of families choose to cash out or abandon their business after just one generation. And
only 13% survive into a third generation.
The reality is, people can't afford to pass on their business. They sell out, letting long-time employees go. Not because they want to. But because they have to. And
the echo reverberates through an entire community.
If you're concerned that eliminating the Death Tax will add to the budget deficit, don't be. Independent studies reveal that it would actually help reduce
the deficit.
For more information about Death tax please click on the
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