More in Regulation

  • Mar 6, 2013

    Farmers Against Crippling Taxes (FACT) Act Would Repeal Death Tax 11

    Discussions about the estate tax have died down somewhat since Congress passed the American Taxpayer Relief Act of 2012, which locked in a death tax rate of 40% and a $5-million exemption level indexed to inflation. I think Congress hoped that by passing meaningful legislation, it would placate the growing concern and loud protests from the meager country mice like you and me....More
  • Feb 11, 2013

    South Dakota Ag Groups Fight Animal Rights Legislation 16

    My home state of South Dakota hasn’t been a particular hot spot for animal rights activist activity. However, the Humane Society of the U.S. (HSUS), which ranks South Dakota “dead last” for animal cruelty laws, is beginning to have a larger presence here....More
  • Jan 22, 2013

    Good Luck, Mr. President 20

    "We have a chance to finish what we started. Our work begins today. Let's go," tweeted President Barack Obama before his official inauguration yesterday morning. The swearing in of the 44th president of the U.S. is a historic moment for our nation, regardless of whether you voted red or blue in the last election....More
  • Jan 8, 2013

    Fiscal Cliff Moves Estate Tax In Right Direction 10

    If you’ve been paying attention this first week of 2013, you already know that Congress passed a tax compromise that averts the fiscal cliff and makes permanent the federal estate tax with an exemption of $5.12 million/individual (indexed for inflation) and a tax rate of 40% for amounts over the exemption....More
  • 2013 beef industry challenges
    Jan 2, 2013

    2013 Poses A Lot Of Producer Challenges 1

    Comedian George Carlin once published a long, thoughtful and humorous piece about how the ascendancy of society in the U.S. has coincided with a decline of its personal values. It ends with these thoughts, which I think are good advice for everyone in the new year, regardless of your profession, financial status or religious inclination....More
  • Jan 2, 2013

    Where’s Our Farm Bill, Congress? 4

    For many Americans, instead of celebrating the end of 2012 and ringing in 2013 with optimism and joy, they worried about what Congress would decide to do about the fiscal cliff and what the tax hikes and spending cuts would look like once the dust settles....More
  • limousin bred heifer in pasture
    Nov 14, 2012

    Ranchers Need Permanent Estate Tax Relief 10

    I celebrated my 25th birthday earlier this week at a small steakhouse in Letcher, SD. While enjoying steak tips and wine, one of our neighbors joined us at our table. We started visiting about the election results, and soon, the topic of the death tax came up. He said his friend ended up paying $2 million in estate taxes in order to save the family ranch after the death of his father. The conversation continued with talk of estate planning, gifting land and putting assets in a trust for the next generation before it’s too late....More
  • Nov 14, 2012

    North Dakota Votes To Protect Right To Farm 3

    Now that the dust has settled on the election, I have a little more time to evaluate the wins and losses of this political season. One of the issues I closely watched was a measure that was placed on the ballot in my neighboring state of North Dakota. Measure 3 was the first ever state constitutional amendment that protects the right of farmers and ranchers....More
  • D.C. poitics after election
    Nov 12, 2012

    D.C. Politics: From The Farm Bill, To Fiscal Cliff, To The Estate Tax 6

    With the Democrats in control of the Senate and the Republicans having a stronghold in the House of Representatives, we likely can expect a gridlock on most issues that will arise in the next two years. But how much damage can Congress do if they can’t agree on anything, right?...More

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