Organizers work to put on a great Utah State Fair

Chairman comes from a family of private ranchers

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  • Mayhem Mike
    Sept. 4, 2008 7:18 a.m.

    Congratulations to Moench for preserving his family's business! I hope he's done his estate planning, because death taxes could require selling off the ranch to pay them when he dies. Currently, only $2,000,000 in assets are exempt from federal estate tax; amounts which exceed the exemption are taxed at 45%.