Potential impact of inheritance legislation on family farms
Story Date: 8/4/2021

 

Source: MORNING AG CLIPS, 8/2/21

 A new report by the Agricultural and Food Policy Center at Texas A&M University, AFPC, in the Department of Agricultural Economics in the College of Agriculture and Life Sciences analyzes how some legislative proposals about how inheritance and estate taxes are treated may impact agricultural producers. The report, “Economic Impacts of the Sensible Taxation and Equity Promotion Act and the for the 99.5 Percent Act on AFPC’s Representative Farms and Ranches,” includes an analysis of five scenarios of proposed legislative policy changes and how each might impact farms and ranches across the country.

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