PIERRE, (KCCR) — South Dakota Senator John Thune is backing a bill in Congress that would eliminate the so-called “death tax.” Thune says he wants to extend the current exemption forever…
Thune says the death tax is flawed…
Thune says the tax can be particularly hard on farmers in rural areas and small businesses…
Thune quoted a Democratic Senator from Washington who says the estate tax is bad for businesses, workers, new job creation and communities watching local family-owned businesses get swallowed by large corporations.