Farms.com Home   News

Protecting Texas Farmers and Families: Why Proposition 8 Matters

By Alexander Ciccone

Family farmers and ranchers are the backbone of Texas, tending land that has often been passed down through generations. Family-owned farms make up more than 90% of all farms in the state. Yet, without legislative safeguards, heirs may one day be forced to sell parts of their family farms just to cover tax bills when a loved one passes away. 

This November, Texans have the chance to protect family farms and the rural communities they sustain. Proposition 8 would permanently prohibit the state legislature from imposing estate, inheritance, or gift taxes. This ensures families won’t be forced to sell portions of their farms to pay taxes, keeps family property intact, and provides the policy certainty needed for long-term capital investments.

Texas currently has no estate or inheritance tax, so the amendment is preventative, locking in protections for families, farmers, and businesses before any new financial burdens can arise. Importantly, the measure does not affect existing taxes, such as property taxes, motor vehicle gift taxes, or other levies already authorized under state law. By clarifying what is allowed and what is prohibited, Proposition 8 ensures families and businesses have the necessary clarity to start making plans without the fear of sudden or unpredictable new levies.

Click here to see more...

Trending Video

Inside the Global Fight Against ASF - Dr. Mary-Louise Penrith

Video: Inside the Global Fight Against ASF - Dr. Mary-Louise Penrith

In this episode of The Swine it Podcast Show Canada, Dr. Mary-Louise Penrith, Extraordinary Professor at the University of Pretoria, discusses the global response to African swine fever (ASF). She explains vaccine development efforts, outlines control strategies, and highlights the importance of cultural context in managing outbreaks. Learn what’s working in the ongoing battle against ASF. Listen now on all major platforms!