Our business is in cars The Death Tax is the leading cause of termination for most small businesses - 70 percent never make it past the first generation. All this lost to a tax that generates just over 1 percent of all federal tax revenue.
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In Letter
to Senate Committee, AIADA Urges "Immediate" and "Permanent" Death
Tax Relief
AIADA thanks Senate Finance Committee for holding a hearing
on the Death Tax and demonstrating their support for American small businesses.
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Dealer Principal, Acura
of Glendale
"The
Death Tax places local, family owned
businesses like mine at Acura of
Glendale in a very precarious position
- liquidating 55% of my small business
is not a viable option."
"The
Death Tax places local, family owned
businesses like mine at Acura of
Glendale in a very precarious position
- liquidating 55% of my small business
is not a viable option." 
Mike DeverDealer Principal , Performance Automotive
"Without
permanent repeal of the Death Tax, I’m
going to have to give more than
half of my business to the IRS!
That is downright confiscatory.
My 500 employees should not be
out of a job because I die."
"Without
permanent repeal of the Death Tax, I’m
going to have to give more than
half of my business to the IRS!
That is downright confiscatory.
My 500 employees should not be
out of a job because I die."