'Death Tax' killing small businesses

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Опубликовано 4 октября 2013, 21:51
Another issue on the Hill that was supposed to be a priority this Congress, but has now been put on the backburner due to the government shutdown and debt ceiling debate, is tax reform. The tax-writing committee chairmen, Senator Max Baucus (D-Montana) and Representative Dave Camp (R-Michigan) went on a nationwide tour earlier this year to promote simplifying the tax code.One tax found in the 73,000-page federal code is applied at death, and opponents of this tax are saying it kills small family businesses.

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