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Americans Standing for the Simplification of the Estate Tax (ASSET) is a lobbying group of individuals and private businesses, which advocates changing the collection method for the estate tax in the United States. ASSET works with think tanks, elected officials and lobbyists on Capitol Hill to bring about an option that would change the existing estate tax laws. == History == The group was founded in 2010 by Jack Fitzgerald, an entrepreneur and chairman of a chain of dealerships called Fitzgerald Auto Malls, which is based in Kensington, Maryland. Fitzgerald created ASSET after building a network of active car dealerships after the 2009 bankruptcy of General Motors and Chrysler. ASSET has conducted meetings and briefings with lawmakers on Capitol Hill in addition to two major studies on what they claim to be the economic benefits of the ASSET proposal to change the collection method for the estate tax.〔http://waysandmeans.house.gov/uploadedfiles/americans_standing_for_the_simplification_of_the_estate_tax.pdf〕 ASSET advocates for a collection of state tax revenues for the Internal Revenue Service (IRS).〔 Fitzgerald’s original plan called for eliminating the estate tax upon death and instead enacting an annual 1.77% surcharge on the adjusted gross income of the wealthiest 1% of the population, and claims that the IRS achieves the same annual revenue it receives from the collection of the estate tax. In 2013, the ASSET proposal was changed to an entirely voluntary system in which taxpayers would opt-in to pay a 1% surcharge on annual income while they are alive and no estate tax would be owed upon their death, but for capital gains on inherited assets. The group claims that their proposal for estate tax reform would eliminate the need for sheltering assets in unproductive trusts to avoid the tax as well as the need to over-purchase life insurance, which they say diverts resources away from investment and job creation. The proposal by ASSET has been guided by Rep. Steny Hoyer, Rep. Chris Van Hollen, and Senator Ben Cardin in Maryland.〔 In late September 2013, ASSET hosted a discussion panel on the estate tax that was moderated by Tax Foundation President Scott Hodge, with panelists Grover Norquist from Americans for Tax Reform (ATR), Chuck Marr from the Center for Budget and Policy Priorities, and former Senator Bob Bennett(R-UT). At the panel, Bennett stated that ASSET’s plan for reforming the estate tax offered the best solution for all worlds, saying that it offered a voluntary collection method and did not force itself upon the taxpayers. Also at the panel, Norquist, who is an advocate for full repeal of the estate tax, added that he approved of ASSET's proposal, and that it should be part of the discussion on estate tax reform.〔 In April 2014, ASSET called on the federal Ways and Means Committee to include estate tax reform as a part of a more comprehensive reform effort.〔 On Thursday, December 11, 2014, Rep. Andy Harris (R-MD) introduced the American Solution for Simplifying the Estate Tax Act, or ‘ASSET Act’, of 2014 (H.R. 5872).〔https://www.congress.gov/congressional-record/2014/12/12/extensions-of-remarks-section/article/e1807-2/?q=%7B%22search%22%3A%5B%22Estate%22%5D%7D〕 The bill was introduced into the U.S. House of Representatives in the 113th Congress and has since been referred to the House Committee on Ways and Means.〔https://www.congress.gov/bill/113th-congress/house-bill/5872〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Americans Standing for the Simplification of the Estate Tax」の詳細全文を読む スポンサード リンク
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