The agricultural industry plays a vital role in bolstering our economy both in Minnesota and across the country. Ensuring America's agricultural backbone remains strong and prosperous is essential to the future of our nation. I am proud that the 6th District is home to a wide variety of agricultural products, and includes Stearns County, Minnesota's largest dairy producer.
I know that many farmers work all their lives to maintain their businesses and provide America and the world with needed agricultural resources. That is why I am an original cosponsor of H.R. 1586, the Death Tax Repeal Permanency Act of 2007, which would immediately and permanently repeal the death tax, one of the greatest assaults on American farmers and family-owned businesses. The death tax infringes on the ability of many Americans to pass on their family businesses to younger generations and has led to complete liquidation of assets accumulated through lifetimes of hard work just so families can pay the IRS. Not only is this an unfair tax burden, the death tax undermines efforts to expand opportunity, create jobs and stimulate the economy. I understand the burden the death tax puts on individuals who devote their lives to building a business and will continue to strongly support its repeal.