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Repeal is the most effective way to protect family-run businesses from the estate tax, according to Farm Bureau and more than 50 other organizations.The groups, along with the Family Business Estate Tax Coalition, recently sent a letter to Congress expressing opposition to the estate tax.The estate tax, also known as the death tax, is a tax on the right to transfer property at death. It takes into account everything the deceased owned or certain interests at the date of death.The letter was sent to U.S. Reps. Randy Feenstra and Sanford Bishop, who introduced the Death Tax Repeal Act in the ...

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Lamesa Press-Reporter

P.O. Box 710
Lamesa, TX 79331
806-872-2177