Eliminating the death tax is particularly important for the many small business owners and family farmers that call Central Washington home.
Eliminating the death tax is particularly important for the many small business owners and family farmers that call Central Washington home.
Unfortunately, actions taken by the Senate ensured that relief from the death tax would only be temporary and that it would come back to life at the full rate again in 2011.
With my support, the House of Representatives recently voted to permanently repeal the death tax so that family farms and businesses can be passed down to children and grandchildren.
With the permanent elimination of this tax, farmers and business owners will have the sense of security they need to plan for the financial future of their business or farm and their family.
In six short years, small business owners and family farmers will once again be assessed a tax on the value of their property at the time of their death, despite having paid taxes throughout their lifetime.
© 2020 Inspirational Stories
© 2020 Inspirational Stories