Trump reminded farmers at a rally that his tax policies protect family farms from estate taxes. Under previous rules, heirs faced steep federal levies when inheriting farms—often forcing them to borrow against the property to cover the bill. Many couldn't service the debt and lost the land.
Trump raised the estate tax exemption during his first term, shielding most family operations. He warned that Democrats want to lower the threshold again, calling them "bad people" for it.
The estate tax remains a flashpoint: Republicans frame it as a family farm killer, while Democrats argue the exemption overwhelmingly benefits the wealthy.
Trump raised the estate tax exemption during his first term, shielding most family operations. He warned that Democrats want to lower the threshold again, calling them "bad people" for it.
The estate tax remains a flashpoint: Republicans frame it as a family farm killer, while Democrats argue the exemption overwhelmingly benefits the wealthy.