U.S. Representative John Rose joined Rep. Randy Feenstra (R-IA) and 161 Members of the U.S. House of Representatives in introducing the Death Tax Repeal Act. This legislation would permanently repeal the death tax, which imposes an unfair and costly tax on the transfer of property, land, and other assets from…
The USDA is providing additional financial relief for farm loan borrowers facing economic hardship, and 41 Senators reintroduce legislation to permanently repeal federal estate tax, called the Death Tax Repeal Act.
The House vote to permanently remove estate taxes from the tax codebeginning in 2011 is required because Congress failed to do so in2001. By doing so, Congress will fulfill its promise of ending thistax on economic virtue and productivity that has done considerabledamage to our economic and community life.
Ben Franklin famously noted that “in this world, nothing is certain except death and taxes.” He never said those two certainties needed to go hand in hand.