Small Business Reacts to House Vote on Death Tax

Date: April 20, 2015

Small business owners showed their support on Twitter after the House passed a bill to repeal the estate tax last week.

After the House voted to repeal the federal
estate tax last week
, many small business owners spoke in favor of the
action on Twitter. The tax, otherwise known as the “death tax,” currently
levies a tax of up to 40 percent on assets when an individual passes away,
which puts pressure on family businesses to look for additional funds to
satisfy obligations.

Here’s how small business owners reacted on Twitter to the news: 

Subscribe For Free News And Tips

Enter your email to get FREE small business insights. Learn more

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Learn More

Or call us today
1-800-634-2669

© 2001 - 2018 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy