GOP, farmers give views on Okla. estate tax - KSWO 7News | Breaking News, Weather and Sports

GOP, farmers give views on Okla. estate tax

Lawton_Oklahoma State Senate Republican Rural Caucus members discussed their goals for this session - including the state's estate tax.  It can be especially critical for farmers, and that's what Oklahoma Senators talked about Tuesday at the Great Plains Technology Center in Lawton.  They say they want to provide a voice to all citizens of Oklahoma - including those living in rural areas.

7News spoke with Comanche Countyl farmer Dale Coody.  He explained his position is for lawmakers to do something about estate tax as quickly as possible.  He farms goats in Comanche County - it's his life's work.  He says when he passes, his kids will pay the price.  Coody says he's a perfect example of how farm families will suffer under the current tax plan.  "What I have spent a life time accumulating and improving, they're going to have to pay taxes on to the hilt and it's just an absolute unfair tax," he says.  

Senator Mike Schultz of Altus (R) says estate taxes are something they plan to address right away.  "Unfortunately a lot of times that a farm or ranch has to be sold...has to be cut up and then sold to pay those death taxes....," he says.  That could mean the end of a family farm.

Other agenda items high on the GOP senators' list are additional motor vehicle taxes dedicated to road and bridge improvements.

  • Local NewsNewsMore>>

  • Judge: President can't block critics on Twitter

    Judge: President can't block critics on Twitter

    Wednesday, May 23 2018 1:43 PM EDT2018-05-23 17:43:15 GMT
    Thursday, May 24 2018 4:12 AM EDT2018-05-24 08:12:25 GMT
    A federal judge in New York says President Donald Trump cannot block his critics on Twitter without violating the First Amendment. (Source: CNN)A federal judge in New York says President Donald Trump cannot block his critics on Twitter without violating the First Amendment. (Source: CNN)

    A federal judge in New York says President Donald Trump cannot block his critics on Twitter without violating the First Amendment.

    A federal judge in New York says President Donald Trump cannot block his critics on Twitter without violating the First Amendment.

  • North Korea slams Pence as summit with Trump grows shakier

    North Korea slams Pence as summit with Trump grows shakier

    Wednesday, May 23 2018 8:51 PM EDT2018-05-24 00:51:44 GMT
    Thursday, May 24 2018 4:02 AM EDT2018-05-24 08:02:37 GMT
    (AP Photo/Ahn Young-joon). Women protesters stage a rally for peace on the Korea peninsular near U.S. Embassy in Seoul, Wednesday, May 23, 2018. U.S. President Donald Trump labored with South Korea's Moon Jae-in Tuesday to keep the highly anticipated U...(AP Photo/Ahn Young-joon). Women protesters stage a rally for peace on the Korea peninsular near U.S. Embassy in Seoul, Wednesday, May 23, 2018. U.S. President Donald Trump labored with South Korea's Moon Jae-in Tuesday to keep the highly anticipated U...
    A top North Korean official says recent comments by U.S. Vice President Mike Pence were "stupid" and "ignorant" and again warns the country is willing to pull out of a planned summit with Trump.
    A top North Korean official says recent comments by U.S. Vice President Mike Pence were "stupid" and "ignorant" and again warns the country is willing to pull out of a planned summit with Trump.
  • Syria state-run media reports US-led airstrike on army posts

    Syria state-run media reports US-led airstrike on army posts

    Wednesday, May 23 2018 9:11 PM EDT2018-05-24 01:11:43 GMT
    Thursday, May 24 2018 3:53 AM EDT2018-05-24 07:53:52 GMT
    A Pentagon spokesman said there was "no information" to confirm or deny the reports. (Source: Raycom Media)A Pentagon spokesman said there was "no information" to confirm or deny the reports. (Source: Raycom Media)

    Syrian government-run media outlet is reporting that U.S.-led coalition airstrikes have struck Syrian army positions in eastern Syria near the front lines with the Islamic State group.

    Syrian government-run media outlet is reporting that U.S.-led coalition airstrikes have struck Syrian army positions in eastern Syria near the front lines with the Islamic State group.

Powered by Frankly