I like to call it what it is: it's a death tax. And we know that today, as a result of these tax cuts, the schedule that was set up almost 10 years ago, for someone that passes away in 2010, the death tax is zero percent.
The speaker is discussing the implications of tax cuts on the estate tax.
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While this may not be in our jurisdiction, it is certainly in the interest of the farmers and ranchers, and foresters that we represent.
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