HVAC Distributors Announce 2017 “Heat Up the Hill” Initiative for Death Tax Repeal
COLUMBUS, Ohio —HARDI, the largest HVACR equipment distributors association, announced its 2017 initiative to repeal the federal estate tax. This year HARDI members will “Heat Up the Hill” to support Senator John Thune (R-SD) and Congresswoman Kristi Noem’s (R-SD) Death Tax Repeal Act of 2017, S. 205 and H.R. 631.
The majority of HARDI members are family owned and operated businesses that could be devastated by the death tax. Currently 70 percent of family businesses do not survive to the second generation and more than 90 percent do not survive the third generation.