Tag: Estate Tax

The House of Representatives voted Thursday to repeal the federal tax on estates because "it's a sad day" when heirs face huge financial burdens after someone dies, Rep. Buddy Carter told Newsmax.The House of Representatives voted Thursday to repeal t...

The House voted to repeal the 99-year-old U.S. estate tax amid a partisan clash over whether the government should break up concentrated wealth or make it easier to pass along assets to the next generation.

Congresswoman Kyrsten Sinema today voted in favor of H.R. 1105, legislation to repeal the estate tax and provide certainty for Arizona families and small businesses.

Congressman John K. Delaney (MD-6) voted against H.R. 1105, legislation that repeals the federal estate tax. According to the non-partisan Congressional Budget Office, the legislation would add $269 billion to the federal deficit. Under current law, th...

U.S. Representatives Randy Hultgren (IL-14) today supported House passage of a bill he cosponsored, H.R. 1105, the Death Tax Repeal Act of 2015, which permanently repeals the estate, or “death,” tax on family-owned farms and businesses.

Congressman Tom Price, M.D. (GA-06) issued the following statement after the House passed a full repeal of the Estate Tax, more popularly known as the Death Tax

The House of Representatives passed H.R. 1105, the Death Tax Repeal Act of 2015 to permanently repeal the estate tax. The estate tax, also known as the death tax, is a 40 percent tax on an individual's transfer of assets in excess of an exemption amoun...

This week, Congressman Bob Latta (R-OH) voted in favor of legislation designed to improve upon current tax policy and ensure taxpayers’ hard-earned money is being used responsibly. One piece of legislation in particular is H.R. 1105, the Death Tax R...

It appears that the bipartisan good feelings of the last few weeks are gone. After reaching across the aisle to pass important legislation like the doc fix, my Republican colleagues are back to their old tricks of handing out tax breaks to the few at t...

Congressman Charles B. Rangel, who represents the 13th Congressional District of New York that includes Upper Manhattan and parts of the Bronx, spoke on the House floor in opposition to H.R. 1105, which would repeal the Estate Tax. Below is the transc...

Washington, DC - November 3, 2009 - (RealEstateRama) -- Idaho Congressman Mike Simpson is a cosponsor of H.R. 3095, the Estate Tax Relief Act of 2009. The legislation increases the estate tax exemption to $5 million per person and reduces the top rate to 35% in equal increments over ten years.

Legislation will help protect family farms from the estate tax. September 24, 2009 - (RealEstateRama) -- Today, Rep. Frank Kratovil signed on as a co-sponsor to H.R. 3524, the Family Farm Preservation and Conservation Estate Tax Act. This bill will exempt farms and ranches from Federal estate taxes after death of the owner for as long as the property stays in the family and it continues to operate as a farm. The legislation also exempts landowners who have placed their land in a conservation easement from paying the estate tax as long as it persists in that capacity.