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.
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.