According to the The Washington Examiner:
New legislation that jumps the death tax to 55 percent of estates exceeding $1 million threatens 526,421 family farms, of about 25 percent of all farms in America, according to a Senate analysis.
According to the analysis from the Senate Republican Policy Committee, chaired by Wyoming’s John Barrasso:
…the federal government will begin taking more than half the value of family farm estates exceeding $1 million beginning next year….
This would economically devastate rural communities.
To read the entire article in The Washington Examiner, please click here.
Girl Peeling Potatoes painted by Albert Anker
