Policy and Taxation Group Release

HILTON HEAD, S.C., July ___ 2023 – At a South Carolina’s Lowcountry event, Dividend Assets Capital and Policy and Taxation Group kicked off their strategic partnership, with presentations by top Washington, D.C. advisors on key tax policy issues affecting entrepreneurs, family office clients, and family businesses.

The event, held at Oldfield Country Club in Okatie, was hosted by Dividend Assets Capital, an employee-owned wealth management and investment firm based in Ridgeland, S.C. At the meeting, John Marino, Director, Strategic Partnerships, Policy and Taxation Group, and Jim Haley, Managing Director, Private Client Group, Dividend Assets Capital, welcomed the Lowcountry attendees and announced the strategic partnership.

The topics discussed during the presentation were Congressional perspectives on critical tax issues, voter attitudes impacting legislation, the new Congressional Family Business Caucus, and the challenges facing family offices, financially successful individuals, and family businesses. In addition, Pat Soldano, President, Policy and Taxation Group and Family Enterprise USA, presented the results from the Family Enterprise USA 2023 Annual Family Business Survey.

Other key presenters at the event, moderated by Marino, were Washington D.C.-based policy experts Preston Rutledge, Strategic Consulting Advisor, Brownstein Hyatt Farber Schreck, and Brandon Roman, Partner, Public Policy, Tax & Financial Services Group, Squire Patton Boggs. These tax policy experts made some concerning points about the direction of tax policy impacting the wealthy. They discussed the danger which still lurks and how Washington, DC could raise taxes on this group and punish financial success. Despite the conventional wisdom that a Republican controlled House of Representatives eliminates the possibility of tax hikes, these Washington, DC government affairs insiders noted that several alarming factors suggest otherwise.

“PATG is excited about this new strategic partnership with Dividend Assets Capital, a venerable leader in the Hilton Head, SC and Savannah, GA region, which provides valuable public policy information to the Lowcountry’s successful individuals, family office clients, and family businesses,” said Soldano. “PATG provides a voice in Washington, DC with decision makers and situational awareness of the critical tax policy issues on the table that can adversely impact their clients. Teaming with Dividend Assets Capital will help us advocate for policies that benefit successful family businesses, which is a vital sector of our economy and is the largest employer and greatest generator of jobs in the country.”

In the recent Policy and Taxation Group and Family Enterprise USA survey, it was found that family enterprises make up $7.7 trillion in annual GDP and represent 59% of the country’s private workforce.

For the full details of the “2023 Annual Family Business Survey” can be found at www.policyandtaxationgroup.com.

About Policy and Taxation Group

Policy and Taxation Group (PATG) is the Voice of Family Offices and Successful Individuals in Washington, DC, focused exclusively on the Tax and Economic Issues that impact them. Since 1995, PATG has been the leading advocacy group working to reduce and eliminate estate, gift, and GST taxes while blocking increased income and capital gains taxes, the creation of a wealth tax, and other hostile tax policies that punish hard work and success. PATG is a 501(c)(4) organization comprised of families directly or indirectly impacted by these harmful taxes and regulations. For more information or to support, see www.policyandtaxationgroup.com.

About Dividend Assets Capital

Dividend Assets Capital is an employee-owned boutique wealth management and investment firm based in the heart of South Carolina’s Lowcountry. With a 40-years tried and true dividend growth philosophy and diverse, well-seasoned talent, we deliver personalized investment strategies and comprehensive wealth management. We bring clarity, simplicity, and devotion to our work, helping successful families, advisors, and institutions set and achieve their financial goals, so they may preserve what is meaningful to them, their families, and their communities. www.dacapitalsc.com

John Marino
Director of Strategic Partnerships & Business Development
Policy and Taxation Group