This Tax Day, individuals, families, and businesses will finally get to keep more of their own money thanks to the GOP's Tax Cuts and Jobs Act (TCJA) signed into law in 2017. Millions of people have received bonuses and small businesses have more cash to invest, but the estate tax remains in place and is still a major hurdle in keeping small businesses going.
Small businesses aren't the only ones impacted by the estate tax. Thousands of private forest owners across America own around 300 million acres of forest in the United States, and they're often forced to sell their land to developers in order to foot estate tax bills. Nixing the death tax would preserve these woodlands, allowing owners to continue supporting more than two million jobs.
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