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Senator Crapo and 44 others reintroduce bill to abolish federal estate tax

Summary by KBOI
Sen. Mike Crapo, Chairman of the Senate Finance Committee has joined Senate Majority Leader John Thune and 44 other Senate colleagues in reintroducing the Death

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Senator Crapo and 44 others reintroduce bill to abolish federal estate tax

Sen. Mike Crapo, Chairman of the Senate Finance Committee has joined Senate Majority Leader John Thune and 44 other Senate colleagues in reintroducing the Death

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The Iowa StandardThe Iowa Standard

Grassley, Colleagues Reintroduce Bill to Permanently Repeal the Death Tax - The Iowa Standard

Sen. Chuck Grassley (R-Iowa), a senior member and former chairman of the Senate Finance Committee, joined Senate Majority Leader John Thune (R-S.D.) and 44 senators in reintroducing legislation to permanently repeal the federal estate tax, commonly known as the death tax. The Death Tax Repeal Act would end this purely punitive tax that can hit family-run farms, ranches and businesses as the result of the owner’s death. “After a farmer or busines…

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KBOI broke the news in on Friday, February 14, 2025.
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