Repealing the Federal Estate Tax: A Good Idea for Most Farmers and Ranchers?
Date
2017-03-03
Authors
Harl, Neil
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Research Projects
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Abstract
The mass media, including several agricultural publications, are at it again – the super wealthy want the federal estate tax to be repealed and they are trying to get the farm sector to support the move. Studies have shown repeatedly that farmers and ranchers are more highly regarded by the general public than multi-billionaires. The cold, hard facts are that repealing the federal estate tax, for more than 98 percent of the farmers and ranchers, would be a loser.