Org Newsroom Menu Beef. The agreement provides significant death tax relief and rate reductions in the capital gains tax. It also balances the budget for the first time in 30 years. We're hopeful that the full House and Senate will approve the agreement and the President will sign it. Wall Street doesn't care about death taxes.
Main street does.
Farmers and ranchers do. This is a huge victory and a testament to what grassroots support can do to effect changes in public policy. NCBA members and stakeholders have counted tax relief as a priority for years. But it's not over NCBA will continue work to repeal the death tax for good. House and Senate tax committee leadership have vowed to push for full repeal within five years.