How Ending the Death Tax Creates Jobs

Posted July 27, 2010 in Blog

Senator Jim DeMint offered a plan to end the Death Tax last week.  It was the subject of his weekly video update, which you can view here.

Brian Darling, Director of U.S. Senate Relations at the Heritage Foundation, wrote a column for Human Events in which he described how ending the Death Tax creates jobs.

The American Family Business Foundation estimates that about 50 million workers are employed in small business.  AFBF estimates that a permanent repeal of the death tax would increase small business capital by $1.6 trillion, increase payrolls 2.6%, expand investment 3%, create an additional 1.5 million jobs and decrease unemployment by almost 1%.  That’s a stimulus plan!

Read the whole column here.