Post Tagged with: "death tax"

Report: Over 70% of South Dakota Farmers to be Subject to Death Tax

Report: Over 70% of South Dakota Farmers to be Subject to Death Tax

Senator John Thune (R-S.D.) says the American Farm Bureau Federation (AFBF) report released today clearly shows that the Democrat-controlled Senate’s recently passed tax legislation would jeopardize the future of 71 percent of South Dakota’s family farms because it intentionally returns the death tax exemption to $1 million next year instead of keeping it at the current $5 million.

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