Representative Lou Correa Co-Chairs Congressional Family Business Caucus Meeting on Wealth Taxes
Representative Lou Correa (D-CA) is co-chairing the Congressional Family Business Caucus meeting on September 23 on Capitol Hill. The caucus, which is the last for the 119th Congress, will focus its discussions on "The Price of Prosperity" and wealth taxes. Co-chaired with Representative Claudia Tenney (R-NY), the event will feature presentations from Dr. Frank Luntz, EY’s Dianne Mehany, and legislative experts from Brownstein. A panel of family-owned business leaders will also share strategies for maintaining business growth, addressing tax concerns, and planning for generational transitions. Family Enterprise USA, which advocates for family-owned businesses, is organizing the event. The caucus currently includes 49 House Members, comprising 21 Democrats and 28 Republicans. During the meeting, several House Members are expected to present their views on the challenges faced by family-owned businesses, relevant laws, and the potential impact of wealth taxes.