“We will continue to make this our top priority until there is certainty in the tax code and rural America is relieved from the devastating effects of the estate tax.”
-- J.D. Alexander, President, National Cattlemen’s Beef Association
via southeastfarmpress.com
As this article notes, "Ranching families are often land rich and cash poor, with the appraised value of rural land being extremely inflated when compared to its agricultural value." Also, local governments are increasingly narrowing the definition of "agriculture", which results in higher property taxes on these same families.