Political Quotes

Mike Thompson: “This would be pretty straightforward. It would say that you--if your father-in-law passes away and leaves you and your…”

On the recordMarch 17, 2015
This would be pretty straightforward. It would say that you--if your father-in-law passes away and leaves you and your wife the farm, as long as you continue to farm it, you would be exempt from paying any taxes, any estate taxes.
Said by
Mike Thompson
Democratic · California

Editor's note · Context

Proposing a straightforward exemption for family farms from estate taxes.

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