How the estate tax treats black-owned businesses unfairly

Posted on December 11, 2017 by Andrew Findley

As House Republicans work to repeal the estate tax as part of the GOP’s tax reform package, an opinion piece at The Hill says that the estate tax treats black-owned businesses unfairly. According to contributor Harry Alford, many black-owned businesses are first generation, and “These business owners do not want to sell out at fire sale prices to pay the estate tax and eliminate the livelihoods for the next generation in addition to the jobs for those who they employ.” Read the complete analysis at The Hill.

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