And ending the taxes that kill the inheritance of the family farms. I
AND ACTUALLY GETTING RID OF THE INHERITANCE TAX WOULD GENERATIVE MORE TAX REVENUE AS HEIRS WOULD HAVE TO PAY CAPITAL GAINES TAX.
HERE IS INFO, VERY LITTLE FEDERAL ESTATE TAXES ARE PAID.
http://www.cbpp.org/research/ten-facts-you-should-know-about-the-federal-estate-tax
SO WHY DO THE HEIRS SELL THE FARM? THEY WANT THE MONEY AND IT IS TAX FREE money and they don’t want to farm.
Not true. We barely skated under having to pay 40% on my mom’s share of the farm when she died and I want to continue to farm. That was just this year.