Article: Estate Owners Argue Say Virginia's Inheritance Tax Unfair.

Daily Press, Newport News, Va. Knight Ridder/Tribune Business News

Apr. 1--CHESAPEAKE, VA--For the past 50 years, Chesapeake farmer Lyle Pugh has worked hard to build a farming legacy that can pass to his son after he dies.

But if the state's inheritance tax stands, Pugh's son could lose more than one-third of the value of his father's $1 million-plus farm to the government.

Farmers like Pugh, and others with sizable estates, argue that the state's inheritance tax, often called the "death tax," is unfair because it taxes heirs on assets just because someone has died and on assets that have already been taxed.

Pugh, who farms 500 ...

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