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TNReport.com outlines Thursday’s vote by the state House of Representatives to repeal the death tax. The story includes a portion of Beacon CEO Justin Owen’s statement immediately after the House voted 88-8 to repeal the tax.

Justin Owen, CEO of a free-market think-tank called The Beacon Center of Tennessee, says phasing out the inheritance tax is “possibly the most important legislation proposed in the General Assembly this year.” “The repeal will alleviate the farmers and small business owners who are harmed by this tax, bring additional job opportunities to our citizens, and actually lead to an increase in tax revenue over time,” he said in a statement.

Read the entire article at TNReport.com.