Chuck Grassley

=== Estate taxes ===
Grassley is in favor of repealing the [[Estate tax in the United States|estate tax]], which is a tax on inherited assets above $5.5 million for individuals and $11 million for couples.<ref>{{Cite news|url=https://thehill.com/policy/finance/363039-grassley-ending-estate-tax-recognizes-people-that-are-investing-not-spending/|title=Grassley: Ending estate tax 'recognizes people that are investing,' not 'spending every darn penny'|last=Samuels|first=Brett|date=December 3, 2017|work=[[The Hill (newspaper)|The Hill]]|access-date=December 3, 2017|archive-date=December 4, 2017|archive-url=https://web.archive.org/web/20171204014826/http://thehill.com/policy/finance/363039-grassley-ending-estate-tax-recognizes-people-that-are-investing-not-spending|url-status=live}}</ref><ref name=":0">{{Cite news|url=https://www.desmoinesregister.com/story/news/2017/12/02/tax-reform-iowa-farmers-estate-tax/906946001/|title=Despite lawmakers' warnings, few Iowa farmers face estate tax|author=Noble, Jason|work=[[Des Moines Register]]|access-date=December 3, 2017|language=en}}</ref> He has argued that the estate tax is potentially ruinous for farmers and small business owners.<ref name=":0" /> According to the ''[[Des Moines Register]]'', Grassley's argument does not "match the reality found in federal tax data – particularly for Iowa. The estate tax applies to around 5,000 taxpayers across the entire country each year, and very few of them come from Iowa. Of the Iowans subject to the tax, only a fraction are actually farmers, and a vanishingly small number of them face a tax bill requiring them to sell off farmland or other assets... The number of small businesses impacted by the estate tax is similarly small."<ref name=":0" />