WASHINGTON (FNS) -- An estate tax plan offered by Senate Finance Committee Chairman William Roth Jr., R-Del., provides an additional $1 million exemption in tax liability on family-held businesses. The grocery industry fought for the additional exemption to protect family-owned stores that face steep estate taxes when the principal dies. The provision is included in an $85 billion tax-reduction package unveiled last Tuesday. It also would raise the threshold on taxable inherited property ...
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