Nightmare on Main Street -- Part 3: Making the Death Tax More Deadly for Family-Owned Businesses and Farms
Making the Death Tax More Deadly for Family-Owned Businesses and Farms
- Proposed Treasury Department valuation discount regulations will make it harder for family-owned businesses and farms to survive to the next generation.
- Some proposals would impose estate tax rates as high as 65 percent, a hike that the National Federation of Independent Business said could “spell doom for some small business owners and farmers.”