Today, after the House passed H.R. 1105, the Death Tax Repeal Act, by a bipartisan vote of 240-179, Congressman French Hill released the following the statement:
"Repealing the outdated and burdensome "Death Tax' that chips away at the complexity of the current tax code and protects small family farms and businesses across Arkansas and America from its stressful and potentially devastating effects. Instead of being forced to purchase enormous insurance policies or sell off assets to pay the tab, families can invest in and grow their businesses, benefitting the economy as a whole. Today's vote reaffirms House's commitment to a pro-growth tax code that benefits the American people and not the federal government."