Wednesday, November 18, 2009

There's Nothing Certain About Estate Tax Certainty

HARDI participated in a coalition meeting yesterday with a host of other business groups led by NFIB to discuss strategy for advancing permanent estate tax policy reform better than the current 2009 $3.5m exemption and 45% rate. Today's CQ article illustrates the political challenges of this issue. I believe family businesses will need to aggressively mobilize, especially in states and districts represented by moderate Democrats if there's to be any hope of favorable and long-term estate tax certainty.

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