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Don Beyer on Tax Reform

 

 


Restore highest personal income tax rate to 39.6%

I opposed the Bush tax cuts that reduced the highest personal income tax rate from 39.6% to 35% and supported the restoration of the 39.6% rate by President Obama. I worked for years for a reasonable estate tax limit that would allow family farms and businesses to pass to the next generation, instead of having to be sold to pay taxes. (There were many fine proposals to put in place $3 or $5 million exclusions, but they were always blocked by Senator Jon Kyl.)
Source: 2014 Virginia House campaign website, FriendsOfDonBeyer.com , Oct 10, 2014

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Page last updated: Jun 25, 2017