MRAA urges House panel to repeal estate tax

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The Marine Retailers Association of the Americas recently submitted testimony to Congress supporting a repeal of the estate tax, which opponents commonly call the “death tax.”

MRAA president Matt Gruhn gave the testimony May 31 to the House Subcommittee on Economic Growth, Tax and Capital Access of the Small Business Committee supporting the permanent repeal of the tax.

Gruhn told the panel that the tax is a burden on boat dealers and marina operators; inhibits economic growth, job creation and economic recovery; and jeopardizes family inheritance and the continuation of family-owned and operated businesses.

Click here to read his statement.

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