March 25, 2013 • 12:37 pm
On March 21, 2013, The ESOP Association submitted comments to the House Ways and Means Committee on Tax Reform. The comments are available on The ESOP Association’s website
The House Ways and Means Committee has a long history of supporting laws that encourage the creation and operation of ESOPs because in the vast majority of instances, ESOP companies are more productive, more profitable, with sustainable jobs for their employees, that are locally controlled, while providing retirement benefits that are greater than most U.S. conventionally- owned companies.
ESOPs are at the same time, putting an average of $8 in revenues into the Federal Treasury for every $1 that is “foregone” by the Federal government because of the laws promoting employee stock ownership through the ESOP model.
As the process of Tax Reform progresses, the Association will update members on the blog and website. Check this page
for the most recent government affairs information.
Filed under: Government Affairs, Retirement Issues, Comments on Tax Reform, Government Affairs, House Ways and Means Committee, Tax Reform
Take notice, the tax reform process is underway! ESOP Association President, J. Michael Keeling, discusses tax reform in the 113th Congress and what it will mean for ESOP Association members and the ESOP community.
Filed under: Government Affairs, 113th Congress, Government Affairs, Tax Reform, YouTube Channel Videos
In June 2012, J. Michael Keeling, ESOP Association president, sat down to talk about why advocacy work is important to the ESOP community and how you, as employee owners, can make a difference in the discussion. We wanted to share that video with you today.
The framework of his presentation is a respected poll of senior Congressional staffers and top DC lobbyists that unveils what influences staff recommendations to members of Congress when they make major decisions, such as what tax benefits to eliminate in a tax reform bill.
Filed under: Government Affairs, Government Affairs, Tax Reform, YouTube Channel Videos
If so, we have two videos for you. With the 2012 Annual Conference taking place May 10 and 11, 2012 in Washington, DC, we know many Association members will be meeting with members of Congress. These are two topics that may come up in discussions. Take a look and find out what you need to know.
Filed under: Conference Information, DOL Proposed Fiduciary Regulation, Government Affairs, 2012 Annual Conference in Washington DC, Department of Labor Proposed Regulation on the Definition of a Fiduciary, Tax Reform, YouTube Channel Videos