Rep. Simpson Cosponsors Bill to Repeal Death Tax on Family-Owned Farms and Ranches
WASHINGTON—Idaho Congressman Mike Simpson cosponsored the Death Tax Repeal Act. This bill would permanently repeal the unfair death tax, providing relief to family-owned businesses, farms, and ranches from being hit by the hefty tax that occurs on the transfer of property or other assets from a deceased family member. This legislation is led by Rep. Feenstra (R-IA) with…