[Congressional Record Volume 141, Number 47 (Tuesday, March 14, 1995)]
[House]
[Page H3093]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PUT THE FARMER FIRST
(Mr. FUNDERBURK asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. FUNDERBURK. Mr. Speaker, I have often said that farmers are the
backbone of my district. The Second District of North Carolina from
Rocky Mount to Dunn is the second largest producer of tobacco in
America. We also have hundreds of soybean, peanut, and livestock farms.
Unfortunately, Washington treats these hard working Americans like
criminals. It taxes and regulates them.
A classic example of Washington's war on farmers is the tax penalty
the IRS imposes on those who pass farmland down to their family
members. Farmers have 2 years to notify the IRS that someone has died.
The catch is that the IRS has not make hundreds of farm families
aware of this requirement. For farmers who do not have time to read the
IRS fine print, the tax police demand back taxes and penalties which
are so severe, that these farmers are now in the position of having to
sell their farms to pay the tax man.
Mr. Speaker, the farmer has had enough--enough of interference,
enough of redtape, and enough of the IRS. Let us do something right for
the men and women who put the food on the table. For starters let us
pass H.R. 501, which allows farm families to hand their and down from
each generation without fear of the IRS.
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