Why White Castle Supports Repealing the Estate Tax
White Castle has remained a family-owned business for 97 years. During that time, the family learned a lot about what it takes to create an enterprise that’s sustainable and capable of nourishing team members and the communities where they live, work, and raise families.
Today White Castle has nearly 400 company-owned restaurants, a thriving packaged goods division and 10,500 team members. In fact, more than 1 in 4 White Castle team members has been with the company 10 years or more, and all but eight of the top 450 leaders in restaurant operations started behind the counter in an hourly job.
Yet 51 years ago, it almost ended prematurely when White Castle’s founder, Billy Ingram, passed away. The estate tax didn’t just cripple the business, it almost forced the family to sell everything to cover the liability. The impact that selling might have had on its employees and their families who depend on those wages could have been devastating.
White Castle has a simple and straightforward focus: remaining a family-owned business for generations to come, and continuing to invest in its employees and communities. Repealing the estate tax will ensure that they can continue that investment.