Eastern Adams County's Only Independent Voice Since 1887
The Internal Revenue Service is at it again, this time targeting farmers, ranchers, and other businesses operated by families.
It may not be politically-motivated targeting, but the IRS is now pushing a new rule that would revise the valuation of family-operated businesses, resulting in a higher tax burden when a family member passes away.
In Congress, I proudly voted to repeal the onerous death tax because I have seen firsthand that it prevents hardworking Americans from passing on the fruits of their labor to the next generation.
The IRS’ new ‘stealth death tax’ proposal would create a heavi...
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