Chairman Would Like The House Vote In July 2018

posted in: Estate Taxes | 0

Chairman Kevin Brady has indicated that he would like the House to vote in July, on making all individual tax cuts permanent, which were included in last year’s tax bill.

This would include the doubling of the lifetime exemption for gift, estate and generation-skipping taxes.

Additionally, PATG is working with House and Senate members to introduce a bill that will reduce the gift estate tax rate, and generation- skipping tax to that of the capital gains tax rate; maintaining step up in basis, in June or July.

We would like to give you an update on the progress of both of these, as well as other PATG activities, and discuss the potential impact of the 2018 election results.

Would you like updates on our activities, and discuss the status of estate tax repeal and the politics of repeal, including supporter conference calls?
Please contact us to be included on future scheduled call for our Supporters.
Policy and Taxation Group, a 501(c)(4) organization, is your voice in Washington on economic freedom. We advocate for policies that allow American families to fully enjoy the economic liberties and benefits of a robust free market unique to our nation. For over 25 years, we have been the loudest voice in the nation’s capital on eliminating the death tax. This ill-conceived tax has a destructive impact on families, family businesses, job creation, and the national economy.