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    Morning Bell: 13 Tax Increases in 2013

    January 8, 2013 at 8:59 am

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    Photo: Tetra Images/Newscom

    New Year’s Day was tough for taxpayers. Thirteen tax increases kicked in. The deal that Congress and President Obama struck that finally—but only partially—avoided the fiscal cliff resulted in seven tax increases. Those hikes combined with six tax increases from Obamacare that also began on New Year’s Day. 13 Tax … More

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

    December 7, 2012 at 11:00 am

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    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

    Max Baucus Clears Way for Death Tax Repeal

    September 16, 2010 at 6:31 pm

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    The

    New York Times Gets it Wrong on Death Tax

    June 9, 2010 at 3:30 pm

    8 Comments

    In a front page article today, the New York Times has a story on the federal death tax and the impact its 2010 expiration has on a recently deceased billionaire. The article is riddled with errors, but the title of the article encapsulates perfectly the story’s biggest flaw: “Legacy for … More

    Who Profits from the Death Tax? Estate Planning Lawyers.

    February 6, 2010 at 9:30 am

    19 Comments

    If you ask attorney Harold Apolinsky who really profits from the death tax, he’ll tell you, “I think I do, as an estate planning lawyer,” but then he will tell you why the tax needs to be permanently repealed. According to Apolinsky, the death tax (or

    “Timber!” Look Out for Falling Trees – and Companies – if the Death Tax Hits

    January 31, 2010 at 1:07 pm

    15 Comments

    Hancock Lumber company has been around for 180 years, was started before more than half the states joined the Union, survived the Civil War and two World Wars, but now faces one of its greatest challenges: paying the death tax. Owner Kevin Hancock counts himself among the six generations of … More

    Death Tax Dies Tonight

    December 31, 2009 at 11:26 am

    5 Comments

    The death tax will expire tonight as soon as the ball drops and 2010 officially begins. This is good news for the businesses and families the tax plagues. Unfortunately, this triumph may be short-lived as Congressional leaders have pledged to revive the death tax in the new year and make … More

    Taxes Are More Certain Than Death?

    December 9, 2009 at 10:46 am

    2 Comments

    Timing is everything in life. And in death. America’s level of death taxes is a bouncing ball—a political football because Congress is fumbling around with legislation that makes a dramatic difference measured in jobs as well as in dollars. As the law is now, anyone who dies during 2010 will … More

    House Votes to Raise Death Tax

    December 4, 2009 at 10:30 am

    10 Comments

    The U.S. House of Representatives voted to permanently extend the death tax at its current 45 percent rate and $3.5 million exemption. This is a significant tax hike since the death tax was supposed to expire on January 1, 2010. The increase of the death tax is a major blow … More

    House Votes to Kill Job Creation Again

    December 3, 2009 at 4:51 pm

    18 Comments

    The Washington Post reports: The House approved Thursday a measure making the current estate tax rate permanent, overcoming the objections of an unusual coalition of liberal and conservative critics. The bill passed, 225 to 200, with 26 Democrats joining all Republicans present to vote no. It would make permanent the … More

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    Immigration Reform in One Infographic

    The Senate Judiciary Committee approved the Gang of Eight’s immigration bill on Tuesday. It will go to the Senate floor after the Memorial Day recess. Heritage has pointed out the problems with this “comprehensive” approach — including the staggering costs of amnesty and a failure to secure the border. SHARE … More

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