New Mexico Ranchers Raising Inheritance Taxes Would Be ‘Devastating’ to Industry

over 4 years in theepochtimes

Some lawmakers in Washington are trying to overhaul how inheritances are taxed, and it could be devastating to New Mexico’s family farms and ranches, association groups say. The Sensible Taxation and Equity Promotion (STEP) Act, introduced by Sen. Chris Van Hollen (D-MD) would allow the government to retroactively tax heirs on all value added to […]

Mentioned in this news
Share it on