The U.S. Senate is scheduled to vote this month on full and permanent repeal of the Death Tax. NCBA is urging members to call Senators Tuesday, May 9, in a national “Cattle Call to End the Death Tax.”

R.J. Jolly, a rancher from Kit Carson, Colorado, has personal experience with the Death Tax, and he says it is time for it to end.

Cut #1         :33          Outcue: "...do that three times."

Jolly says one of the frustrations for farmers and ranchers is that they are already taxed on the income generated by their operation, then are hit with additional taxes upon the death of a family member. 

Cut #2         :18          Outcue: "...have to pay them twice."

One of the reasons the Death Tax is such a huge burden is that ag land values are pushed up by speculation and development, far exceeding their actual value in terms of production or income generation.

Cut #3         :39          Outcue: "...ever hope to pay off."

When farmers and ranchers are forced to sell, the land most often succumbs to development.

Cut #4         :24          Outcue: "...because of this inheritance tax."

Some legislators have proposed to raise the exemption threshold on the Death Tax, rather than repeal it. But Jolly says this is not likely to give farmers and ranchers the relief they need.

Cut #5         :13          Outcue: "...because of taxes."

Jolly urged his fellow cattlemen to call their Senators, because if the Death Tax is not repealed now, it could come back to haunt them in the future.
 
Cut #6         :19          Outcue: "...to get this deal ended."

To take part in the “Cattle Call to End the Death Tax”, visit www.beefusa.org for more information on how to contact your U.S. Senators. Cattlemen can also contact any member of the U.S. Senate by calling the Capitol Hill switchboard at 202-224-3121.