Americans Standing for the Simplification of the Estate Tax (ASSET) is a lobbying group of individuals and private businesses, which advocates changing the collection method for the estate tax in the United States. ASSET works with think tanks, elected officials and lobbyists on Capitol Hill to bring about an option that would change the existing estate tax laws. The group was founded in 2010 by Jack Fitzgerald, an entrepreneur and chairman of a chain of dealerships called Fitzgerald Auto Malls, which is based in Kensington, Maryland. Fitzgerald created ASSET after building a network of active car dealerships after the 2009 bankruptcy of General Motors and Chrysler. ASSET has conducted meetings and briefings with lawmakers on Capitol Hill in addition to two major studies on what they claim to be the economic benefits of the ASSET proposal to change the collection method for the estate tax. More information...
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