estate tax

Still Lobbying for Estate Tax Elimination

Dan Industry News Release, Legislative

The advancing House and Senate tax reform bills differ on estate tax elimination but are similar on expensing, pass-through income, and other provisions important for agriculture. The House bill expected on the floor this week has key differences with its Senate counterpart on corporate and personal taxes, including those of keen interest to agriculture. The House phases out the estate …

tax bills

Tax Reform Details to be Decided May Affect Agriculture

Dan Economy, Industry News Release

A senior member of the Senate Finance Committee is predicting some of the missing details affecting agriculture in the Senate GOP tax reform bill. Former Senate Finance Chair Chuck Grassley says while many tax reform details are yet to be decided, some are starting to take shape. Grassley suggests tax writers already have a figure in mind, for ‘stepped-up basis’ …

estate tax

Senior Senate Tax Writing Committee Member Expects Estate Tax Repeal

Dan Economy, Industry News Release

A senior member of the Senate tax-writing committee expects estate tax repeal, a key for agriculture, to survive in a GOP-crafted tax reform proposal. GOP tax reform details are being announced this week and Former Senate Finance Chair and senior member Chuck Grassley says estate tax repeal is still ‘in play,’ despite media reports that the White House and lawmakers …