Ways and Means Bill Prematurely Lowers Estate Tax Exemption

The House Ways and Means Committee passed H.R. 3301 on June 20, which will extend expired tax incentive for biodiesel, renewable energy and short line railroads.  This bill is supported by many farmers and ranchers; however, this demographic is not pleased to support a bill that would prematurely end the $11 million per person estate tax exemption, dropping the tax

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