This Current Administration ... Killing Business in any way they can. Watch how the death tax is a burden on American businesses:
In the coming weeks, Congress will once again take up debate on the dreaded estate tax (also known as the "death tax"). The death tax expires for one year, beginning on January 1, 2010, before coming back in full force on January 1, 2011.
Some in Congress are eager to prevent the death tax from expiring for even one year. Those that don't want the tax to die will likely argue for a one-year extension of the tax at its current rate and exemption levels. This would give them the opportunity to raise the tax higher in 2011. Another option could be a permanent extension of the tax at current levels. Neither is a good option. The death tax is a drag on America's family-owned businesses, destroys jobs, and lowers the wages of workers while raising little revenue. Congress should repeal the estate tax once and for all to remove this unnecessary burden from the weakened economy.
Isn't it sad that this country is so desperate to "Level the Playing Field" that they resort to taxing your estate over and over, generation after generation.
Well ... Doesn't that just get you?
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