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    Death Tax: Why Should the Government Get "Something for Nothing"? (VIDEO)

    The federal estate tax, better known by its more accurate moniker the “death tax,” is poised to rise to 55 percent with just a $1 million exemption in 2013 should we fall off the “fiscal cliff.” Today, the death tax is 35 percent with an exemption over $5 million. While … More

    Washington Post Misses on Romney Tax Plan and Step-Up Basis

    The debate about former Governor Mitt Romney’s (R-MA) tax plan has reached a fevered pitch. In fact, The Washington Post published two articles (here and here) about it. The second repeated the confusion surrounding a poorly understood policy known as “step-up.” Recently, I weighed in to correct the false statement … More

    How Much Will Taxmageddon Cost Your Family?

    Check out and share our new infographic on the impact of Taxmageddon.  

    Chart of the Week: Taxes Soaring Past Highest Level Ever

    Americans are facing an unprecedented $494 billion tax hike on Jan. 1, 2013. It’s been dubbed “Taxmageddon” given the economic devastation it would cause. Conventional wisdom suggests lawmakers in Washington will wait until the 11th hour to come up with a solution. Fortunately, Speaker John Boehner (R-OH) announced last week … More

    Morning Bell: Beware the Taxmageddon

    Brace yourself. In a mere 271 days, you and your fellow Americans will be hit with a tax hike the likes of which this country has never seen. The Washington Post aptly called the unprecedented $494 billion tax hike “Taxmageddon,” and Federal Reserve Chairman Ben Bernanke described it as a “massive fiscal … More

    Death Tax and Democracy

    The fate of small, family-owned businesses hangs in the balance as Congress decides whether or not to finally put the crippling 55% death tax in a coffin. The toll the death tax takes on family-owned businesses has been clearly documented as has its infeasibility as a federal budgetary tool. But … More

    Lunch With Heritage Online Chat: Obama Tax Hikes

    Lunch With Heritage Chat with Curtis Dubay

    Max Baucus Clears One Hurdle on Dividends Tax Rate—Where’s Harry?

    For the second time in a week, Senate Finance Committee Chairman Max Baucus (D–MT) has called for the suspension of pay-as-you-go (PAYGO) budget rules to pass necessary and vital tax policies. First, Baucus suggested waiving PAYGO as it pertains to the death tax. Now he’s calling for the Senate to … More

    Max Baucus Clears Way for Death Tax Repeal

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    Warren Buffett’s Death Tax Hypocrisy

    In many respects, Dan L. Duncan was the embodiment of the American dream, the self-made man incarnate. He transformed $10,000 and two propane trucks into a natural gas empire and a personal net worth of $9 billion—making him the richest person in Houston, and the 74th wealthiest individual in the … More