The face of Agriculture is changed by the Estate tax. Family farms can be
altered or lost forever when family members must sell land, buildings and
equipment to generate the money to pay the tax.
Congress needs to act before next year or a
55 percent tax will be imposed on
farm and ranch estates worth $1 million or more come January 1.
Farm Bureau is
seeking a higher exemption that if unused can be transferred to a surviving spouse.
And we need your stories to help us.
The future of American agriculture depends on whether or not farms and ranches
can be transferred to the next generation.
The following are the issues the Farm Bureau has identified as being the
most relevant to our members:
