Young Cosponsors Bill to Repeal Death Tax
U.S. Sen. Todd Young (R-Ind.) a member of the tax-writing Senate Finance Committee is cosponsoring legislation to permanently repeal the federal estate tax, more commonly known as the death tax. The bill, led by Senator John Thune (R-S.D.), would end the punitive tax that negatively affects Hoosier farmers and small business owners. “Death should not be a taxable event,” said Senator Young. “Hoosiers should not be forced to sell a family farm or transfer ownership of a small business because of the loss of a family member. Let’s repeal the death tax once and for all.” The historic Tax Cuts
