Risch Joins Colleagues in Encouraging Administration to Abandon Proposed Estate Tax Regulations

U.S. Senator Jim Risch (R-ID) recently joined 41 Senate Republicans in writing to Treasury Secretary Jacob Lew encouraging the Treasury Department to abandon proposed regulations that would significantly increase the estate tax burden on family farms and businesses. The proposed regulations, if finalized, would contradict long-standing legal precedent and greatly discourage families from continuing to operate and grow their farms and businesses for eventual transfer to future generations.