Sen. Ernst Joins Bipartisan, Bicameral Effort to Reduce Estate Tax, Help Ensure Survival of Iowa Family Farms and Businesses
May 15, 2021
May 15, 2021
WASHINGTON, May 15 -- Sen. Joni Ernst, R-Iowa, issued the following news release:
U.S. Senator Joni Ernst (R-Iowa), along with Senators Tom Cotton (R-Ark.) and John Boozman (R-Ark.), introduced the Estate Tax Reduction Act, legislation to reduce the estate tax to 20 percent--half of the current top rate of 40 percent. This bipartisan, bicameral legislation was also introduced by Representatives Jodey Arrington (R-Texas) and Henry Cuellar (D-Texas) in the House of Representatives.
U.S. Senator Joni Ernst (R-Iowa), along with Senators Tom Cotton (R-Ark.) and John Boozman (R-Ark.), introduced the Estate Tax Reduction Act, legislation to reduce the estate tax to 20 percent--half of the current top rate of 40 percent. This bipartisan, bicameral legislation was also introduced by Representatives Jodey Arrington (R-Texas) and Henry Cuellar (D-Texas) in the House of Representatives.