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2012 Session Updates and Action

End the Estate Tax on Maryland Farms

The estate tax remains a significant burden on farm families, especially in urban and suburban areas where land values are high and farmland is most at risk.  Farms are lost because the owner dies and the family cannot afford to pay the estate taxes without selling all or part of the farm. Because of the pressure of development and the rising price of land, the typical land-rich cash-poor farm family is faced with a much more excessive burden than any other family business.  Maryland must invest in its leading industry by alleviating this burden on our farm families.

1000 Friends supports legislation to end the estate tax on family farms.

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