Estate Tax

Position Summary

Government policy should promote a thriving agricultural sector.  Farmers should operate America’s farms with limited government involvement.  The NCGA supports: market-driven farm programs, minimal, consistent regulation, federal tax policy reform, and sufficient financial and credit programs.

The NCGA supports legislation to permanently repeal the federal estate tax, and to retain the stepped up basis for estates. Also support legislation that may not eliminate the estate tax, but instead increase the exemption amount, and maintain an unlimited stepped-up basis.  We also support incentives for farm (and other business) owners to transfer ownership to future generations during their lifetimes rather than allow the business pass through their estates.

• Click here for NCGA’s complete position paper on estate taxes and federal tax policy.

The Candidates on Estate Tax

Choose a specific candidate below to review quotes and policy statements

Democrats	Republicans
Barack Obama	John McCain