Crop insurance improvements, enhanced coverage and lower premiums, saving producers an estimated $400 million a year and expanding the new and beginning farmer definition and premium benefits from five to 10 years. We made in that bill the death tax tax exemption permanent for almost 2 million family farms. and indexed it to inflation. We made permanent the 20% qualified bonus income deduction, full bonus depreciation and the 15 million per individual estate tax exemption. (13:40–13:47)
CLAIM
Asserts that the death tax exemption was made permanent for almost 2 million family farms.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
