Taxes
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“On Monday, the President released his FY 2019 Budget Request. Similar to last year, it proposes increases to defense spending at the expense of vital domestic programs. Having a better equipped and more prepared military is integral to our national defense; however, we must prioritize both our non-defense and defense needs.
WASHINGTON, D.C. - Reps. Kristi Noem (R-SD) and Sanford Bishop (D-GA) today introduced the bipartisan Death Tax Repeal Act of 2017 to fully and permanently repeal the death tax. According to a Joint Economic Committee report, the death tax has removed more than $1.1 trillion in capital from the economy while motivating family businesses and others to reduce savings and limit growth.
Washington, D.C. – Congressman Sanford Bishop (D-Georgia), Congressman Kevin Brady (R-Texas), U.S. Senator John Thune (R-SD), and Senator Charles Grassley (R-Iowa) are calling on Congress to permanently repeal the federal estate tax, which takes up to 40% of a person’s property (cash, real estate, stock, or other assets) that he or she leaves to his or her children. Also referred to as the “death tax,” it punishes success and traditional American virtues of hard work and thrift.
Washington, DC – U.S. Representatives Kevin Brady (R-Texas) and Sanford Bishop (D-Georgia), who are leading the charge to repeal the controversial federal estate tax, this week introduced the Death Tax Repeal Act of 2015.
WASHINGTON, D.C. – Today, Congressman Sanford D. Bishop, Jr. (GA-02), member of the House Appropriations Subcommittee on Agriculture and Co-Chairman of the Congressional Peanut Caucus, welcomed a recent win for the U.S. pecan industry. China recently announced that they have lowered the import tariff on in-shell and shelled pecans from 24% to 10%. Last summer, Congressman Bishop hosted representatives from the China Nut Roasters Association in Georgia to discuss issues surrounding trade in pecans.
WASHINGTON, D.C. – Today, Congressman Sanford D. Bishop, Jr. (GA-02) issued the following statement regarding President Obama’s State of the Union address to a joint session of Congress:
WASHINGTON, D.C. – Today, Congressman Sanford D. Bishop, Jr. (GA-02) supported strengthening the economy and providing certainty to Middle and Southwest Georgia taxpayers by voting in favor of H.R. 5771, the Tax Increase Prevention Act of 2014. The bill extends more than four dozen tax provisions that expired at the end of calendar year 2013 that would benefit businesses and individuals; H.R. 5771 was approved by a vote of 378 to 46 and now goes to the United States Senate for its consideration.
WASHINGTON, D.C. – Today, Congressman Sanford D. Bishop, Jr. (GA-02) released a statement regarding the passage of a bill that funds our nation’s nutrition programs and provides Rural America a Farm Bill with the necessary tools and stability to continue producing the safest, most abundant, and most affordable food and fiber in the world. The conference agreement on H.R. 2642, the Agriculture Act of 2014 (Farm Bill) was approved by the U.S.