Fair taxation includes the constitutionally provided method of use value appraisal for agricultural land with a statutory minimum and maximum cap rate. All forms of “death” taxes are burdensome on Kansans, especially farmers and ranchers.
Kansas Farm Bureau Professor of Ag Law tells national media about litigation sure to come. Via Politico
Farmers and ranchers need to weigh in by the November 2 deadline. The long-term viability of the family farm is under threat from the IRS.
Congress went on the Thanksgiving recess without an agreement on extending expired tax provisions.