Originally posted on Resource Generation blog, May 24, 2010 May we all thrive by Libbey Goldberg If all of us are to thrive in the United States, we need accountability and support from our public systems of education, health, and […]
The Wall Street Journal reports that the effort to extend the current Estate Tax regime through next year has failed. As part of the Bush tax cuts, the exemption, above which taxes are due, has been slowly rising. The Conservative plan, […]
We need your help to preserve the estate tax. Please call the Capitol Hill switchboard at (202) 224-3121 and tell your Senators that they cannot allow the federal estate tax to expire in 2010. If Congress takes no action before […]
For eight years I have spoken to anyone who would listen about the importance of creating a strong estate tax, and there is no more critical time for action to be taken by Congress on this matter than now. In […]
Imagine a story about tax policy created by horror writer Stephen King. A fictional Congress, divided between anti-tax ideology and fiscal responsibility, amends the inheritance tax on the very wealthy so that it disappears entirely one year and then returns […]
A century ago, President Theodore Roosevelt expressed alarm about the dangerous concentration of wealth and power in the U.S., and called on the incoming 60th Congress to establish a federal estate tax on large fortunes. Its primary objective, Roosevelt said, […]
Warren Buffett returned to Capitol Hill recently to meet with Democratic Congressional leaders and urge them to raise taxes on the wealthy. Senator Claire McCaskill (D-Mo.) was impressed. “It was interesting to see someone who is such an aggressive capitalist, […]
Sometimes you can’t declare victory until the other side concedes defeat. That’s what happened Monday in the decade-long struggle over the future of the federal estate tax, our nation’s only levy on inherited wealth. The coalition of corporate lobbyists and […]