The death tax, also known as the estate tax, is a tax on a person’s assets at death. Family-owned farms and businesses are most vulnerable to the death tax. When one generation wishes to pass family business assets down to the next generation, the death tax can threaten the continued viability of the business’ operations. [...]
by Rudy Takala A report released last week assessing state business climates placed Virginia at the top nationally, giving the state a grade of A+. The study, conducted by the Kauffman Foundation and Thumbtack and reported on in The Economist, examined state business climates by looking at a combination of tax rates, regulatory environment and [...]
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The new budget agreement in Congress is another trillion-dollar backdoor deal that will increase government spending. If passed, this new increase will break Congress’ prior promise to cap spending at $967 billion, which was in the bipartisan supported Budget Control Act, or BCA. Government spending is out of control. The risky fiscal policies of our [...]
President Obama’s signature piece of legislation, the Affordable Care act, has proven to be anything but. As costs rise and problems associated with the law come to the forefront, more and more of the well-connected and elites have taken measures to excuse themselves from the burdens. Obama claimed, “If you like your plan, you can [...]