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Estate Tax Debate Again

Estate Tax Debate Again

Photo: clipart.com


A bill to do away with federal estate taxes will be up for debate in the US House today (Thursday).

South Dakota Congresswoman Kristi Noem says while the tax only brought in about twenty billion dollars, attempting to do away with it is worth the effort…

 

The US Ag Department says only point six percent of farm ownership has been affected by the tax in the past few years.

Noem says it impacts more than farm familes…

 

Noem says her families experience is behind her determination…

 

The family exemption from the estate tax has now risen to eleven million dollars.

 

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