Cattlemen Release Second Video in Tax Reform Campaign
The National Cattlemen's Beef Association today released the second video in its monthlong media campaign to promote comprehensive tax reform. The first video, which was posted on Sept. 6, was viewed more than 109,000 times on Facebook and reached more than 200,000 people.
NCBA's second video in the campaign features Jay Wolf, a third-generation Nebraska rancher, who discusses the time, energy, and financial cost he's forced to spend on estate planning due to the death tax.
Wolf also discussed how the death tax is fundamentally unfair and burdensome because it forces family ranchers to pay tax and estate-planning costs in cash based upon an appraised value of their land, which they've already paid property taxes on for decades.
NCBA last week kicked off the media and advertising campaign that is shining a spotlight on how various federal tax provisions impact America's cattle and beef producers, particularly the death tax, and is building support in Washington for comprehensive tax reform that will make the tax code more fair for producers. The campaign is centered around a new website, CattlemenForTaxReform.com, and will run through September.
That's your Land and Livestock Report-I'm Russell Nemetz.