They'd buy, they'd borrow money to pay the estate tax and they wouldn't, were not able to pay it. And some banks are ruthless, they wouldn't do anything and they would end up committing suicide. We have totally ended the estate tax on those situations. So there's no estate tax. So when a parent leaves the farm to the kids, they don't have to worry about their local, possibly unfriendly banker coming in and stealing their farm. (1:11:46–1:11:52)
CLAIM
Asserts that the estate tax has been completely eliminated in situations involving 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.
