Senators introduce bill to repeal estate tax
Story Date: 1/30/2019

 

Source: Chris Clayton, PROGRESSIVE FARMER, 1/28/19


Farm, livestock and business groups support a bill led by Sen. John Thune, R-S.D., to eliminate the estate tax. Thune issued a news release about the bill, which included 28 other Republican senators. Senate Majority Leader Mitch McConnell, R-Ky., and Senate Finance Committee Chairman Chuck Grassley, R-Iowa, are among the co-sponsors. The Tax Cuts and Jobs Act raised the asset exemption on estates to $10 million, but senators…

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