Missouri Senator Roy Blunt is co-sponsoring a bill that
would reduce the estate tax to 20-percent. Blunt says that is equal to the
capital gains tax rate.
He says the measure would bring relief to family farms and
businesses who often suffer “a crushing blow” from the current estate tax rates
as they try to transition their operations to the next generation.
Cosponsors of the “Estate Tax Rate Reduction Act” are Senators
Tom Cotton and John Boozman of Arkansas.
Continue reading Senate bill reduces estate tax rate at Brownfield Ag News.
