Sep 12, 2017 | Blog, Estate Tax, Family Businesses, Wisconsin
When Tom and Leslyn Jacobs first got married, buying land was simply a dream. Indeed, they were both young foresters saddled with college loans and old vehicles. However, in 1984, their dream became a reality when they received a $40,000 loan to buy 80 acres of land....
Sep 11, 2017 | Estate Tax, Family Businesses, Illinois
In 1973, Karen Madonia’s father purchased Illco, a Chicago-based distributor of parts and supplies for heating, ventilation, air conditioning, and refrigeration equipment. Although the company now has 97 employees in 3 different states and generates $42 million in...
Sep 3, 2017 | Blog, Estate Tax, Family Businesses
Support for the estate tax is based on three major claims. One, inheritance is are a major source of wealth and equity. Two, the tax provide significant revenue for the federal government. Three, the individuals required to pay the tax can easily afford it. These are,...
Sep 2, 2017 | Blog, Family Businesses
Our job today, Define family business, provide the best available statistics on family businesses, judge the quality of each satistics, and suggest prospects for future research. Read the full Family Businesses In The US Economy article.
Aug 31, 2017 | Blog, Estate Tax, Family Businesses
This paper is the second in a series of Tax Foundation studies examining Federal transfer taxation. The first of these studies provided a history and overview of federal transfer taxation. This paper attempts to gauge one of the economic effects of federal transfer...
Aug 31, 2017 | Blog, Estate Tax, Family Businesses
Summarized below are the results of a survey of 272 family owned and operated businesses which are members of the National Association Of Women Business Owners. The study was sponsored by The Center Of The Study Of Taxation. It evaluates the experiences of these...
