SOURCE: Chris Clayton, PROGRESSIVE FARMER, 3/10/21 Senate Majority Leader Mitch McConnell, R-Ky., Sen. John Thune, R-S.D., Sen. John Hoeven, R-N.D., and Sen. Mike Crapo, R-Idaho, led a coalition of Republican senators this week in reintroducing legislation to permanently repeal the federal estate tax, which they call the death tax. “It's important that the federal estate tax is repealed once and for all and we don't make it harder for farms and businesses to stay in the family,” Hoeven said in a news release. “Estate planning and ensuring the future operations of a farm or small business are difficult enough, and the death tax only makes these decisions more challenging.”
For more of this story, click here.
|