AG POLICY NEWS
New Push to Kill Estate Tax
Chris Clayton DTN Ag Policy Editor
Wed Jun 19, 2013 04:56 PM CDT

WASHINGTON (DTN) -- Congress agreed to a permanent rate and exemption level for estate taxes just six months ago, but a new push is on among lawmakers to permanently repeal the tax.

Several members of Congress announced Wednesday their efforts to repeal the so-called "death tax" as a way to protect farmers, ranchers and small-business owners.

Last January, Congress agreed to a 40% tax rate for the estate tax and a $5.25 million asset exemption per individual. The exemption also is indexed for inflation. Yet, just two months later, President Barack Obama opened the door to redefining "permanent" by proposing ...

Quick View
  • Dodge Down Corn Conditions have been right for stalk rot and ear molds in corn in many parts of the Midwest this ...
  • Cows That Last If you've priced replacement heifers lately, or even just added up all the costs of raising your ...
  • Chrysler: What's New for 2015 Here's something you don't want to do at a media event for seasoned automotive journalists from a...
  • Farm Investors Welcome Why own farms when you can own shares in a farmland pool? The advent of agriculture's first real ...
  • Rents Resist Price Relief Growers in bellwether corn states expect to make money on bushels -- not price -- in 2014, farm m...
  • GE Critics Range as Skeptics An ad-hoc committee of 18 scientists is tasked by the National Research Council with examining th...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl helps readers wrestle with reality of health insurance costs, congressional inacti...
  • Ag Innovation Showcase At the sixth annual Ag Innovation Showcase in St. Louis this week, start-ups in search of investo...
  • Ask the Vet At what age should a cow be culled?
Related News Stories
Weekly Transportation Update
Washington Insider - Monday
FDA to Revise Spent Grains Rules
Ag Policy Blog
Washington Insider - Friday
GE Critics Range as Skeptics
Washington Insider - Thursday
Ag Policy Blog
Washington Insider - Wednesday
GE Crop History Revisited