Sioux City Times

Today, during a U.S. House Ways and Means Committee hearing focused on the reauthorization of the Tax Cuts and Jobs Act, Representative Randy Feenstra (R-Hull) highlighted his proposal for the Death Tax Repeal Act. This act aims to permanently abolish the federal death tax.

Rep. Feenstra stated, "The death tax is an egregious double tax that unfairly targets our family farms and small businesses. The death of a loved one should not trigger a massive tax bill from the federal government that threatens to force family-owned-and-operated farms and businesses to close their doors for good." He emphasized the need for passing this legislation to ensure families, farmers, and small businesses retain more of their earnings.

Feenstra also mentioned his commitment as a member of the Ways and Means Committee to advocate for tax relief in Iowa. He expressed his intention to work towards reauthorizing the Tax Cuts and Jobs Act, which he believes contributed positively to economic growth and cost reduction.