Repealing the Death Tax By Rep. Kristi Noem My dad woke up at the crack of dawn almost every day in pursuit of his American Dream: to build a farm large enough that his kids could grow up and farm together, if we wanted to. It’s the same reason most parents get up and go […]
Noem, Others Discuss Death Tax Impact NOEM DISCUSSES DEATH TAX IMPACT ON FAMILY’S FARM ROGER SCHULLER – CLAREMONT, SOUTH DAKOTA “To a family who has farmed the same land for a hundred years, nothing is more important than passing the business on to the next generation. We want to hand off the land to […]
Noem Introduces Death Tax Repeal in the House Washington, D.C. – Reps. Kristi Noem (R-SD) and Sanford Bishop (D-GA) today introduced the bipartisan Death Tax Repeal Act of 2017 to fully and permanently repeal the death tax. According to a Joint Economic Committee report, the death tax has removed more than $1.1 trillion in capital […]
Thune Reintroduces Legislation to Kill the Death Tax “As if the long arm of the IRS isn’t intrusive enough during life, too often the death tax punishes hard-working Americans even after they’ve passed away.” WASHINGTON — U.S. Sen. John Thune (R-S.D.), a member of the tax-writing Senate Finance Committee, today reintroduced legislation to permanently repeal […]
“This legislation will finally give farmers, ranchers and family business owners the peace of mind of knowing that they no longer have to spend substantial sums on planning to minimize their death tax liability.”
Representative Kristi Noem today helped lead the House in passing a full and permanent repeal of the death tax with bipartisan support. Noem’s family farm was hit by the death tax after her father passed away.
Working Toward Repealing Destructive and Unnecessary Death Tax By Senator John Thune For any family, the death of a loved one is a difficult and grievous time. Now add the federal government to this painful period, and the situation becomes a nightmare. The federal government shouldn’t force grieving families to pay a tax on their loved one’s […]
Noem Helps Move Death Tax Repeal Forward in the House Washington, D.C. – Rep. Kristi Noem today helped pass a repeal of the death tax out of the House Ways and Means Committee, enabling the legislation to be voted on by the full House later this year. Noem, whose family farm was hit by the death […]
Thune Reintroduces Bill to Repeal Death Tax -Permanently abolishes punitive tax on family farms, ranches, businesses- WASHINGTON, D.C.—U.S. Sen. John Thune (R-S.D.), member of the tax-writing Senate Finance Committee, today reintroduced legislation to permanently repeal the federal estate tax, better known as the death tax, to finally put an end to a punitive tax on […]
Rounds Cosponsors Bill to Repeal Death Tax WASHINGTON—U.S. Sen. Mike Rounds (R-S.D.) today joined U.S. Senator John Thune (R-S.D.) and 25 colleagues in introducing legislation to permanently repeal the federal estate tax, which will bring tax relief to farmers, ranchers and small business owners. “Currently, 70 percent of family businesses do not survive to the […]