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Tax Policy

Significant changes in Federal income and estate and gift tax policies have occurred over the last few years. Modifications to these policies can affect not only the financial well-being of farm households but also the number and size of farms, their organizational structure, and their use of land, labor, and capital inputs. ERS research analyzes how these Federal tax policies and changes to such policies affect farm households and farm businesses.


Spotlights

Changing Federal Tax Policies Affect Farm Households Differently—This report describes how changes in Federal income and estate and gift tax policies vary by type of farm.

How Will the Phaseout of Federal Estate Taxes Affect Farmers?—This report describes how the phaseout of Federal estate taxes under the Economic Growth and Tax Relief Reconciliation Act of 2001 will affect farm estates.

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