A new report by the Agricultural and Food Policy Center (AFPC) at Texas A&M University analyzes how some legislative proposals about how inheritance and estate taxes are treated may impact agricultural producers. The report, “Economic Impacts of the Sensible Taxation and Equity Promotion Act and the for the 99.5 Percent Act on AFPC’s Representative Farms and Ranches,” includes an analysis of five scenarios of proposed policy changes and how each might impact farms and ranches across the country. Earlier this year, a number of proposals surfaced that would significantly change how inheritance is treated and, by extension, the disposition of estate taxes. The ...