Monday, October 31, 2011

Washington Post Talking About ASSET

By Thomas Heath - Washington Post 10/28/2011

Speaking of auto dealers ...

Jack Fitzgerald, local auto dealer turned grassroots organizer, is turning his attention to a new cause: the estate tax.

The gravel-voiced businessman, born poor on North Capitol and K street, has helped to found Americans Standing for the Simplification of the Estate Tax.

“We’ve been in and out of 100 offices and organizations,” said Fitzgerald. “We haven’t been thrown out yet. People are interested in it. Our proposal eliminates the forced closure of a business or of a farm to pay a 35 percent estate tax, which may soon be raised to 55 percent.”

The coalition hopes to have a bill before Congress in 2012.