From the American Farm Bureau, a news release today:
WASHINGTON, D.C., November 14, 2007 – Family farmers and ranchers have long opposed estate taxes because of the devastating effects the tax can have on their farm and ranch businesses when a family member dies. That’s why the American Farm Bureau Federation, the country’s largest organization representing farmers and ranchers who grow every commodity marketed commercially in this country, supports permanent repeal of the federal estate tax.
“Farm Bureau members continue to urge lawmakers to provide permanent relief from the burdens of the federal death tax. The repeal of this tax is Farm Bureau’s top tax priority, and one that unites farmers and ranchers nationwide, regardless of the crop or farm animal they produce,” said AFBF President Bob Stallman.
Etc. The Farm Bureau has long been a strong advocate for repealing the estate tax, greatly appreciated for their efforts by NAM’s members.
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