Two members of NFIB
Tuesday joined together with a bipartisan
contingent of lawmakers and dozens of other
family-business owners for a Capitol Hill news
conference and lobbying blitz to urge Congress
to repeal the punitive death tax.
Brad
Eiffert of Boone County Lumber in Columbia, Mo.
and John Kearny of Bud Kearny, Inc., an
independent auto dealership in Ravena, N.Y. were
both in Washington for Kill the Death Tax Day,
which is a part of several lobbying efforts
scheduled for this week to mark Small Business
Week.
NFIB has lead the fight to repeal
the federal death tax, which it has dubbed the
most unfair tax of all, literally taxing
businesses right out of families. NFIB research
shows that more than 70 percent of family
businesses do not survive the second generation.
That number jumps to 87 percent for the third
generation.
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