Republican U.S. Representative Randy Feenstra, who represents Iowa's Fourth District in the U.S. House, has been advocating for tax reform and supporting Iowa families and taxpayers in Congress. In an opinion piece for the Marshalltown Times Republican, Feenstra criticizes President Biden's economic policies, citing high inflation, falling real wages, slow economic growth, and record-high interest rates [f5a8ca17].
Feenstra argues that tax reform is necessary to alleviate the burden on family farms and small businesses. He has introduced the Death Tax Repeal Act, which aims to permanently eliminate the estate tax. Feenstra believes that the death tax unfairly targets family-owned farms and small businesses, hindering their ability to pass down assets to future generations. He argues that repealing the death tax will not only support family-owned businesses but also prevent foreign ownership of farmland and encourage the next generation of farmers and business owners in rural Iowa [f5a8ca17] [64fb3f43].
In addition to advocating for the repeal of the death tax, Feenstra has supported comprehensive tax reform. He voted for the Tax Relief for American Families and Workers Act, a package that benefits families, farmers, and businesses. Feenstra has also introduced two pieces of legislation to extend pro-growth and pro-taxpayer provisions of the Tax Cuts and Jobs Act of 2017. The Permanent Tax Cuts for American Families Act aims to make the enhanced standard deduction permanent, while the Main Street Tax Certainty Act ensures that businesses can continue to claim the 20% qualified business income deduction [f5a8ca17].
Feenstra pledges to support policies that lower taxes, help farmers compete, and promote small business growth. His advocacy for tax reform and the permanent repeal of the death tax aligns with his goal of supporting Iowa families and taxpayers in Congress [f5a8ca17].
