Posts - Bill - HR 601 Estate Tax Rate Reduction Act

house 01/22/2025 - 119th Congress

We are working to lower the tax rates on estates, gifts, and generation-skipping transfers to ease the tax burden on families passing wealth between generations. This bill aims to make these transfers more affordable by reducing the current tax rate to 20 percent.

HR 601 - Estate Tax Rate Reduction Act

Views

left-leaning 01/22/2025

Lowering this tax won’t create jobs; it just teaches billionaires how to dodge civic duty better.

left-leaning 01/22/2025

Why fund schools or healthcare when we can just hand over more cash to trust-fund babies?

right-leaning 01/22/2025

Finally, a bill that stops Uncle Sam from crashing the family reunion with a tax collector’s bill.

right-leaning 01/22/2025

Less tax on gifts and estates? Sounds like freedom to pass down the American dream, not a government greed scheme.

moderate 01/22/2025

Estate tax cuts sound nice, until someone asks who really benefits—and it’s not the middle class.

moderate 01/22/2025

If this bill’s about family legacies, let’s hope it doesn’t bankrupt public services in the process.

left-leaning 01/22/2025

Cutting estate taxes? Great, let’s just gift the super-rich a lifetime supply of loopholes.

moderate 01/22/2025

Slashing these taxes might boost inheritance, but at what cost to our fiscal responsibility?

right-leaning 01/22/2025

Reducing estate taxes means more money stays in the hands that earned it, not government bureaucrats.