Category Archives: Congress

Obama Still Trying to Overhaul Estate Tax

Posted on April 11, 2013 by Roger Billings

Yesterday, April 10, President Obama released a 2014 budget proposal in which he seeks to overhaul the estate tax, yet again. According to Bloomberg Businessweek: Obama’s budget would drop the per-person exemption from estate taxes to $3.5 million from $5.25 … Continue reading →






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Is Congress Driving You Crazy?

Posted on November 18, 2011 by Roger Billings

  When I was in law school, I interviewed for a job with a Washington DC tax attorney. Congress had just overhauled the tax code, and I asked how the changes had affected his practice. What started as a job … Continue reading →






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Resolution: Keeping the Estate Plan Updated

Posted on December 22, 2010 by Roger Billings

“You can always amend a big plan, but you can never expand a little one. I don’t believe in little plans. I believe in plans big enough to meet a situation which we can’t possibly foresee now.” Harry S. Truman … Continue reading →






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The 2012 Tax Debate

Posted on December 16, 2010 by Roger Billings

photo credit: ` TheDreamSky 꿈꾸는 하늘 “Bright star, would I were steadfast as thou art.”  John Keats Another two year patch.  By a lame duck Congress.  That is what  Obama’s tax deal is.  The proposal which has now passed the … Continue reading →






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Do the Wealthy Have a Patriotic Duty to Pay More Taxes?

Posted on December 8, 2010 by Roger Billings

Democrats are feeling betrayed by President Obama, while Republicans are gloating over the tax deal they struck with the President to extend the Bush era tax cuts for two years.  The deal also includes setting the estate tax exemption at … Continue reading →






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Senator Reid Signals Election Results Mean Lower Taxes

Posted on November 16, 2010 by Roger Billings

It comes as no surprise that the Republican gains on November 2 have created pressure for lower taxes.  Surviving Senate Majority Leader Harry Reid is already waiving a white flag.  Having previously spoken out strongly in favor of increasing taxes, … Continue reading →






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