Lancaster farming. (Lancaster, Pa., etc.) 1955-current, March 13, 1993, Image 60

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    820-Lancas*r Faming, Saturday, March 13 1993
AAW Warns Against
Real Estate Tax Proposals
MT. VERNON, 111. Ameri
can Agri-Women (AAW) is con
cerned that some estate tax pro
posals would result in the loss of
family farms. These proposals
would force farm families to sell
their farms in order to pay estate
taxes.
AAW President Trenna Gra
bowski recently said, “Farmers
and ranchers fought long and hard
to gain the current law, which al
lows up to $600,000 in assets to
pass through an estate into the
hands of their heir with no federal
estate tax. Farm and ranch women
carried petitions, wrote letters and
testified at hearings. Stories of
heirs having to sell the family
farm to pay estate taxes were com
mon and quite true.”
The AAW president stressed
that while farmers and ranchers
arc willing to bear their fair share
of the burden of reducing the
federal deficit, having to sell their
farms to pay exhorbitant taxes is
not fair. “In addition,” she staled,
“agriculture is the segment of the
federal budget which has most
substantially contributed to deficit
reduction in the past few years.
We have done and will continue to
do our share. But the loss of fami
ly farms due to estate taxes is not
in the national interest”
“The current law is working to
transfer family farming and ranch
ing operations to the next genera
tion, which is vital to the future of
food and fiber production in our
country. The current law is in dan
ger.”
Over the years, several pieces
of legislation have been introduc
ed that would reduce the exemp
23rd ANNUAL SPRING SALE
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16 Ft. Caltla Panels
12 Ga. 4 Point Barb Wire.
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4000 ft. rolls.
VALLEY R(
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oon amount. Last year’s Long
Perm Care bill, which was not re
oorted out of committee, would
have lowered the exemption from
$600,000 to $200,000. “Such a
proposal could be an attractive re
venue-raiser to the 103rd Con
gress,” Grabowski warned.
“AAW’s concern is that at a time
when lawmakers are seeking re
venue to fund various programs
and when the deficit looms large
before them, they may be eyeing
these estate-related areas as sourc
es of additional revenue.”
Grabowski, a nationally-known
agricultural accountant, cites spe
cific examples of proposals which
have been suggested. These in
clude requiring heirs to pay in
come tax on the increase in the
value of the land from the lime it
was purchased until today. Since
much family farmland was pur
chased years ago for a very low
price, this would result in the heir
paying tax on almost all of today’s
value. Another proposal would tax
capital gains at death, making the
leap in logic that when the farmer
passes away, he “realizes” a gain
on his properly for the difference
between his farm’s original cost
md its current value.
AAW’s President reaffirmed
that American Agri-Women, the
nation’s largest coalition of farm,
*anch and agribusiness women,
stands ready to oppose any
changes which would weaken the
current law and result in the loss
cf family farms. For more infor
mation about American Agri-
Women or the estate tax issue,
contact Trenna Grabowski, 2006
Broadway, Mt. Vernon, IL 62864,
518-242-4311.
March 8 to March 27, 1993
RED
BRAND
WIRE
sal®
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Prices
$97 M
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Baler Twine Special
$18.50 Nat Par Bale
New Holland
20% OFF
ON $lOO.OO WORTH OF PAINT,
PAINT SUPPLIES AND LADDERS
Valuable Gifts On Purchases Over $500.00
2% Oft Entire Invoice If Total la Ovar $l2OO. Muat
Be 1 Check and Good By March 27, 1993.
March 8, 9 & 10 - Free Drinks &
Cookies
SQUARE TUBING GATES
4’ - $36.00 10’ - $50.00 16’ - $64.00
6* - $42.00 12’ - $54.00 18’ - $75.00
8’ - $45.00 14’ - $60.00 20’ - $84.00
CARRIAGE & MACHINE BOLTS
NUTS &
WASHERS
SPECIAL
PRICE
95 lb. NET
BY THE POUND
VALLEY HARDWARE
950 Vintage Road
Christiana PA 17509
Tools • Hardware
Martin Sonour Paints • Kendall Motor Oils
Hours' Mon , lin , Frt 6 30-7 00
Wed & Ihur- b 10-4 00 j
• to-.! no
Apple Tree
LANDIS VALLEY (Lancaster
Co.) The Landis Valley
Museum and the Backyard Fruit
Growers will conduct the first
ever apple tree grafting school in
the Museum’s Visitor Center
Auditorium on Saturday, March
20, from 1:30 until 4:00 p.m.
Any interested person is invited
to attend the workshop. Skilled
instructors will initially explain
and then show attendees first hand
how to connect root stock to the
scion wood (the pencil-thick piece
of apple branch which will form a
whole new tree).
The Backyard Fruit Growers
are interested in fostering healthy
growing conditions in the back
yard environment, especially with
antique varieties of apples. Parti
cipants in this $l2 workshop will
go home with at least two apple
trees which they can plant. A
broad selection of both historic
and modem scion wood will be
made available. Attendees will
choose from among several kinds
of root stock; some which will
produce large trees and other
which are terrific for even a small
backyard.
Registration will be by reserva
tion only and will be handled by
the first-come, first-served rule.
Send the $l2 by check payable to:
The Landis Valley Associates and
mail to LVA-BYFG, 2451 Kissel
Hill Road, Lancaster, PA, 17601.
(Full l> Half Slzaa)
Grafting Class Scheduled
For $l2 you will go home with 2
ready-to-plant apple trees, with
aluminum name tags and a solid
working knowledge of the graft
ing technique. Participants are
asked to bring with them a sharp
pocket knife.
If anyone has an old apple tree
that is dying, has fallen over, or is
Limousin
Served At
ENGLEWOOD, Colo. For
the second year in a row, attendees
of two American Heart Associa
tion fundraising dinners in Texas
found lean, healthy Limousin beef
on their supper plates.
Both the Celebrity Celebration
for Heart in Dallas, held February
11, and the For the Love of Life
Heart Ball in Houston, held Febru
ary 13, served Limqusin beef as
the main entree for their events.
The North American Limousin
Foundation with Lean Limousin
Beef Company, Kearney, Neb.,
donated the meat as part of a cam
paign to educate the public about
the benefits of lean Limousin beef
in a balanced diet
“Sponsoring beef at a heart
association-sponsored event is
one way the beef industry can
Kubota’s new L-Series tractors have so many advanced func
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in danger of removal—they can
bring some “wood” from that tree
with them and graft it onto new
root stock and go home and plant
it. Save that old apple from extinc
tion! For further information, call
Steve Miller at Landis Valley
Museum, Monday through Friday,
11:30 a.m. to 4:00 p.m.
prove it has a healthy product to
offer consumers,” said Dr. Kent
Andersen, director of research and
education for the North American
Limousin Foundation. “We need
to continue to tell that 94 percent
of American consumers who are
concerned with their diet that lean,
red meat is a healthy choice.”
The events raised in excess of
$500,000 for the American Heart
As:
Kybofo.
Beef
Events
ly, you’ll be im
* with the L-Series
range of func
' form performance
itched implements.
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growing fast.