Friday, April 17, 2015

Arkansas Delegation Votes to Support Arkansas’s Family Farms, Business and Personl Estates

The ARRA News Service reported that yesterday the House passed H.R. 1105 (240 - 179) — "To amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes, and for other purposes." All members of the Arkansas delegation, Reps. Rick Crawford, French Hill, Steve Womack, and Bruce Westerman voted in favor of the bill.

Congressman French Hill released the following the statement: “Repealing the outdated and burdensome ‘Death Tax’ than tax chips away at the complexity of the current tax code and protects small family farms and businesses across Arkansas and America from its stressful and potentially devastating effects. Instead of being forced to purchase enormous insurance policies or sell off assets to pay the tab, families can invest in and grow their businesses, benefitting the economy as a whole. Today’s vote reaffirms House’s commitment to a pro-growth tax code that benefits the American people and not the federal government.”

Tags: Arkansas, delegation, votes, for, eleimating the Federal Death Tax To share or post to your site, click on "Post Link". This site is an Outreach of the ARRA News Service.

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