Something to keep an eye on with respect to #taxes & #estatetax #estateplanning #taxplanning #Entrepreneur @RepArrington @JodeyArrington 👏🏼 this makes a lot of sense and will help family businesses continue & grow @Think_MelanieW nice write up 👏🏼 Excerpt following with full link below: “Rep Jodey Arrington, R-Texas, chairman of the House Budget Committee, has introduced legislation, the Estate Tax Rate Reduction Act, to cut the estate tax in half — to 20% from 40% — as it’s “the highest tax rate” in the U.S. Tax Code. The bill, H.R. 7993, introduced on April 15, would reduce “the tax burden on family-owned businesses” as well as allow “business owners to invest more of their hard-earned money in expanding their operations and creating jobs,” Arrington said in a statement.”
Something to keep an eye on with respect to #taxes & #estatetax #estateplanning #taxplanning #Entrepreneur @RepArrington @JodeyArrington 👏🏼 this makes a lot of sense and will help family businesses continue & grow @Think_MelanieW nice write up 👏🏼 Excerpt following with full link below: “Rep Jodey Arrington, R-Texas, chairman of the House Budget Committee, has introduced legislation, the Estate Tax Rate Reduction Act, to cut the estate tax in half — to 20% from 40% — as it’s “the highest tax rate” in the U.S. Tax Code. The bill, H.R. 7993, introduced on April 15, would reduce “the tax burden on family-owned businesses” as well as allow “business owners to invest more of their hard-earned money in expanding their operations and creating jobs,” Arrington said in a statement.”