Cattlemen Support the Death Tax Repeal Act of 2021
Friday Mar 12th, 2021 The Death Tax Repeal Act of 2021 was introduced this week by U.S. Senator John Thune of South Dakota and U.S. Representatives Sanford Bishop (D-GA) and Jason Smith (R-MO).
The National Cattlemen’s Beef Association (NCBA) issued the following statement in support of bipartisan legislation to repeal the federal estate tax, commonly referred to as the death tax.
“The estate tax disproportionately harms cattle producers because with few options to pay off tax liabilities, many farm and ranch families are forced to make tough choices at the time of death – and in worst case scenarios, must sell off land to meet their federal tax burden,” said NCBA President Jerry Bohn.
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Farm Groups Welcome Death Tax Repeal Legislation agnews890.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agnews890.com Daily Mail and Mail on Sunday newspapers.