South Dakota Senator John Thune and Texas Representative Kevin Brady have re-introduced companion legislation calling for permanent repeal of the estate or death tax. The South Dakota Stock Grower’s Association backs the measure known as the Death Tax Repeal Act of 2013. Executive Director Silvia Christen says she thinks the measure has a better chance of passing or at least being discussed this time around.
Christen says the tax has had a major negative impact on the agricultural economy.
An attempt was made last year to do away with the death tax and although it failed did receive the support of 223 House members and 38 Senators.