Imagine being faced with the death of a family member or relative; only to find the government wants to confiscate more than half of their estate.
That means houses, investments, farms, family businesses all must be sold just to pay the taxes, leaving the family without the family business to provide a living. In short, it is a scheme to make Americans less self-reliant and to punish some of the most hard-working Americans.
Unfortunately Congress many years ago followed Marx's dictates in the Communist Manifesto and enacted a confiscatory death tax,. However, under President Bush, Congress passed a temporary repeal for 2010 only. At the end of that year Congress passed a return to the Death Tax in the Lame Duck session; it had lower rates and larger exemptions than pre-Bush, but we must insist on a complete repeal.
We CAN take action now to make permanent the repeal of the death tax. Millions of Americans and small family businesses will be greatly punished now that the death tax rate was hiked dramatically in 2011 and again in 2013. With your help we can spare families these taxes and save their savings, farms and businesses.
Your help can make this happen.
Bills are being introduce in the new 114th Congress to repeal the Death Tax. We will update this message soon to list them. Encourage your elected representatives to cosponsor these bills.