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Text Content

 * Home
 * About ASSET
 * The ASSET Solution
 * Join ASSET
 * Blog
 * Estate Tax News
 * Links
 * Issue Brief




ASSET


AMERICANS STANDING FOR THE SIMPLIFICATION OF THE ESTATE TAX

Get Involved!
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 * Home
 * About ASSET
 * The ASSET Solution
 * Join ASSET
 * Blog
 * Estate Tax News
 * Links
 * Issue Brief


DID YOU KNOW THE ESTATE TAX AFFECTS OUR ECONOMY?


IT HURTS THE ECONOMY AND THREATENS OUR JOBS.

We believe that only millionaires should pay Estate Taxes and ALL pay the same
share. Today’s “loophole ridden” law allows the “super rich” to pay nothing,
while others overpay. Why is this so important to you? Because it’s the economy!
According to Professor Davies from Duquesne University:
 * 170,000 Households
 * 22,000 Farms
 * 14,000 Real Estate Partnerships
 * 29,000 Privately-held Corporations

…will be susceptible to estate taxes in 2011. This really hurts our economy by
forcing businesses and farms to be sold, thus putting people out of work. All of
these unintended consequences are eliminated with ASSET’s Solution. And the
government will receive the same revenue initially and ultimately much more.


OUR FIX: SIMPLIFY IT

Simply replace the estate tax which is imposed at death, with a tax on gains of
estate assets.  This tax on the gain in value would occur only when and if they
are sold.  We can reform the estate tax collection method in a pro-growth,
equitable, revenue-neutral and bipartisan manner. Our coalition has held more
than 100 meetings with policymakers over the past 18 months, seeking common
ground for a legislative solution. We are trying to simplify the estate tax, by
changing the collection mechanism for the same population that should pay tax on
their previously untaxed accumulated value in assets. This proposal depends on a
temporary “bridge” — to maintain revenue neutrality for the first few years. It
would then eliminate the need for the bridge mechanism through a revenue
windfall from capital gains taxes on these estate assets when they are
ultimately sold. See The ASSET Solution for more details.


RECENT POSTS

 * Tis’ a Gift to Be Simple, Tis’ a Gift to Be Free: Simplify Your (tax) Life
 * Estate Tax Debate Game Change: A New Idea
 * The Estate Tax in the 114th Congress
 * Ground Hog Day: Repeating the Same Bad Policies
 * This Tax Change Could Keep Your Business Alive After Your Death

Click Here to Watch Our Video
"The estate tax damages the economy when it destroys ongoing, job-producing
businesses simply to fund added government consumption."

- Chris Edwards
Director of Tax Policy Studies, Cato Institute


WRITE TO CONGRESS
FIND YOUR REPRESENTATIVES

Click here to learn about how you can help simplify the estate tax for all
Americans.
Simplifying the estate tax will preserve jobs and prevent the disruption of
privately held and family businesses and farms.


MENU

 * Home
 * About ASSET
 * The ASSET Solution
 * Join ASSET
 * Blog
 * Estate Tax News
 * Links
 * Issue Brief


GET INVOLVED

 * Twitter
 * Facebook
 * YouTube
 * Mailing List
 * RSS Feed
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   Donate via PayPal


USEFUL LINKS

 * Agricultural Retailers Association (ARA)
 * American Enterprise Institute (AEI)
 * Americans for Tax Reform (ATR)
 * Center for Freedom & Prosperity
 * Center on Budget and Policy Priorities (CBPP)
 * Heritage Foundation
 * House Ways & Means Committee
 * Institute for Research on the Economics of Taxation (IRET)
 * Internal Revenue Service (IRS) On Estate Tax
 * Joint Economic Committee
 * National Black Chamber of Commerce
 * Senate Finance Committee
 * Tax Policy Center
 * TaxReform.Gov
 * The Fertilizer Institute
 * The Pew Charitable Trust
 * The Tax Foundation


CONTACT US

Toll Free: 1-877-829-8162 info@estatetaxsimplification.org

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