TAXES

    Will Iowa Senator Tom Harkin Push Family Farmers Over the ‘Fiscal Cliff’?

    By: No. 45 (Diary)  |  December 31st at 02:28 PM  | 

    The Washington Post reported this morning that Iowa Senator Tom Harkin is prepared to vote against any ‘fiscal cliff’ deal that would extend the current  exemption level on the Federal estate tax.  If a deal is not reached by midnight tonight, the current $5 million exmption will fall to 1$ million, with devastating consequences for many struggling family farmers. “If we’re going to have some kind of a | Read More »

    “Eat the Rich?” But Save the Family Farm First

    By: No. 45 (Diary)  |  December 31st at 09:50 AM  | 

    “Burn down your cities and leave our farms, and your cities will spring up again as if by magic; but destroy our farms and the grass will grow inthe streets of every city in the country.”    - William Jennings Bryan Congressional Democrats have framed the battle over tax policy as a fight on behalf of the poor and the middle class against “the rich.”  Lost amid the protesters’ claxon cry | Read More »