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Agriculture organizations support Thune's proposed Death Tax Repeal legislation


Pierre, SD, USA / DRGNews
Mar 10, 2021 9:54 AM
U.S. Sen. John Thune (R-S.D.), a member of the tax-writing Senate Finance Committee, joined Senate Republican Leader Mitch McConnell (R-Ky.), Sen. Mike Crapo (R-Idaho), ranking member of the Senate Finance Committee, and dozens of his Senate colleagues in reintroducing legislation to permanently repeal the federal estate tax, more commonly known as the death tax. Thune’s bill, the Death Tax Repeal Act of 2021, would finally end this purely punitive tax that has the potential to hit family-run farms, ranches, and businesses as the result of the owner’s death.
“I’ve fought hard to repeal the onerous and unfair death tax since I came to Washington, including by leading the effort in 2017 to protect more farm and ranch families from it,” ....

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