A coalition of more than 30 agriculture groups is pressing Congress to repeal the estate tax. A letter sent to the House Ways and Means Committee asked that any tax reform package include permanent repeal of the estate tax. Sometimes referred to as the “death tax,” the levy is imposed on the net value – less an exemption – of …
The Donald Trump administration is expected to make an announcement soon regarding taxes and possible reforms. While little details were available, White House Press Secretary Sean Spicer last week said the administration would make a tax-related announcement this month.
The National Cattlemen’s Beef Association applauded the introduction of legislation designed to kill the estate tax. A Beef U.S.A. Dot Org article says the Death Tax Repeal Act of 2017 was introduced by Republican John Thune of South Dakota and by Representatives Kristi Noem of South Dakota and Georgia Democrat Sanford Bishop.
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