Cyprus known as Laiki Bank), into a "bad" bank which would be wound down over time and a "good" bank which would be absorbed by the Bank of Cyprus. In return for a €10 billion bailout from the European Commission, the European Central Bank and the International Monetary Fund, often referred to as the "troika", the Cypriot government was required to impose a significant haircut on uninsured deposits, a large proportion of which were held by wealthy Russians who used Cyprus as a tax haven. Insured deposits of €100,000 or less were not affected. According to the 2017 International Monetary Fund
Americans Standing for the Simplification of the Estate Tax 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. ASSET advocates for a collection of state tax revenues for the Internal Revenue Service (IRS). Fitzgerald's original plan called for eliminating the estate tax upon death and instead enacting an annual 1.77% surcharge on the adjusted gross income of the wealthiest 1% of the population. The