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Extension of Death Tax Would Kill Small Businesses

December 2nd, 2009 · No Comments

The Foundry reports today that the U.S. House of Representatives will vote this week on a bill that would permanently extend the estate tax (known better as the “death tax”) at its current rate and exemption level.  This extension would prevent the death tax from expiring as scheduled on Jan. 1, 2010. As such it would be a significant tax increase.

Learn more by watching the videos below.

As the debate over the death tax continues, you can view more videos on the tax’s devastating impact on family-owned businesses and read more research on the topic at the Heritage Foundation’s new rapid response page www.heritage.org/deathtax.

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