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Death Tax RSS

Bi-Partisan Bill to Kill the Death Tax Has Strong Support from Seniors

(Alexandria, Virginia) — The 60 Plus Association, America’s largest center-right seniors group with over 7.2 million supporters, today cheered a new bill proposed today to kill the federal death tax. Titled the “Death Tax Repeal Act of 2015,” the bill is sponsored by Kevin Brady (R-TX) and Sanford Bishop (D-GA).  Death tax repeal already enjoys strong support in the U.S. House, and a majority of U.S. Senators back repeal.

March 3, 2015 | Read more…

60 Plus Monthly Update

While it may be a little late to wish you a Happy New Year, we here at 60 Plus nonetheless hope you and your family are off to a great 2015. With a new GOP majority on Capitol Hill, this next year will be critical in determining whether our nation changes course from the disastrous and reckless policies of the White House.

January 31, 2015 | Read more…

Obama Unveils Forrest Gump Tax Plan, Aims to Nearly Double the Unpopular, Job-Killing Death Tax

Jim Martin: “The death tax needs to be repealed, not doubled. Mr. Obama’s stubborn commitment to continued tax hikes in the face of record government revenue cements his position as the biggest enemy to the middle-class and seniors on fixed incomes.”

(Alexandria, Virginia) — The 60 Plus Association, America’s largest center-right seniors group with over 7.2 million senior supporters, today issued a statement in response to President Obama’s plan to nearly double the death tax rate from 40% to 60%, a plan he will announce tonight in his sixth State of the Union (SOTU) address. Said 60 Plus Chairman and Founder Jim Martin:

January 20, 2015 | Read more…

Press Conference To Discuss the New Jersey Estate Tax and its Ramifications

September 15, 2014, Trenton New Jersey
Statement by: James L. Martin, Chairman, 60 Plus Association

The 60 Plus Association, on behalf of more than seven million seniors and hundreds of thousands of small businesses across the country, and over 200,000 seniors here in the Garden State, thank most sincerely members of the state legislature from both parties, who are acting in a truly bi-partisan spirit, to deal with two of the most unpopular and unfair of all taxes the state estate and inheritances taxes.

September 15, 2014 | Read more…

Grimes Follows Obama’s Lead – Refuses to Support Death Tax Repeal

Jim Martin: Once again Alison Grimes made it clear she stands with Obama, and against Kentucky seniors and farmers.

(Alexandria, VA) – Democrat U.S. Senate candidate Alison Grimes again affirmed her support of the federal estate or ‘death’ tax, in comments before the Kentucky Farm Bureau forum, held with her opponent, Senate Minority Leader Mitch McConnell (R).  This brought a response from 60 Plus Chairman and Kentucky native Jim Martin, leader of the nation’s pre-eminent organization fighting for federal death tax repeal. Said Martin:

August 21, 2014 | Read more…

Death Tax Repeal Reaches 218 Cosponsors

(Alexandria, VA) – With strong backing and support from the 60 Plus Association, today H.R. 2429, the Death Tax Repeal Act of 2013, achieved 218 cosponsors, ensuring it has the required votes for passage from a majority of the U.S. House of Representatives.

June 18, 2014 | Read more…

Hillary Clinton Caught in Death Tax Hypocrisy

Leading death tax group calls on Mrs. Clinton to either stop dodging the death tax or support repeal for all Americans.

(Alexandria, VA) – In another chapter of Washington’s book titled, “Do as I Say, Not as I Do,” death tax champion Hillary Clinton was revealed to be re-arranging her family assets to avoid exposure to the federal estate tax, commonly known as the ‘death tax.’  Reports from Bloomberg news illustrate how Mrs. Clinton and her former-President husband created trusts specifically to prevent assets from falling prey to the death tax.

June 18, 2014 | Read more…