Big Ag is Big Ag, no matter what language they speak. They all speak big money and get rid of the small farmers and ranchers. If the Trump administration wants to really help the small independent farmers and ranchers, it should repeal the death tax.
The One Big Beautiful Bill (OBBBA) did not fully repeal the death tax, but it significantly increased the estate tax exemption, effectively reducing its impact. Specifically, the bill raised the estate tax exemption to $15 million for single filers and $30 million for joint filers, indexed for inflation starting in 2026. This substantial increase in the exemption threshold means that fewer estates will be subject to the tax, particularly benefiting family farms and small businesses. However, the estate tax itself remains in place for estates exceeding these higher thresholds.
And next year, the next Congress can change the death tax exemptions to a lower number.
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Big Ag is Big Ag, no matter what language they speak. They all speak big money and get rid of the small farmers and ranchers. If the Trump administration wants to really help the small independent farmers and ranchers, it should repeal the death tax.
The “big beautiful bill” repealed the death tax (allegedly anyway!)
Big Beautiful Bill Repeals Death Tax
The One Big Beautiful Bill (OBBBA) did not fully repeal the death tax, but it significantly increased the estate tax exemption, effectively reducing its impact. Specifically, the bill raised the estate tax exemption to $15 million for single filers and $30 million for joint filers, indexed for inflation starting in 2026. This substantial increase in the exemption threshold means that fewer estates will be subject to the tax, particularly benefiting family farms and small businesses. However, the estate tax itself remains in place for estates exceeding these higher thresholds.
And next year, the next Congress can change the death tax exemptions to a lower number.
Avian FLY? Perhaps Avian Flu was meant to be written? looks like Trump is creating a slavery program in hotels and farms.