UFE board member Bill Creighton goes toe-to-toe with an estate tax opponent in the BusinessWeek Debate Room. Asked if we should "snuff out the estate tax," Creighton says that further reducing the tax will "leave the struggling middle class even worse off" than they are now.
Original publication: BusinessWeek
Date of publication: 11/16/2009
Some anti-estate tax organizations are still working to gut the tax in the coming year. UFE board member Bill Creighton responds:
"The wealthy share a responsibility to America to pay taxes, and many wealthy people like me support the estate tax because we realize there can be no private wealth without public resources. It’s time for Congress to do what’s right and establish a strong estate tax starting in 2010."
Read the full debate online in BusinessWeek.