Congress Must Protect Ag from Higher Taxes
The National Grange and 326 national, regional and state ag groups are asking the chairmen and ranking members of the Senate Finance Committee and House Ways and Means Committee to preserve current agriculture and land tax code provisions. Keeping stepped-up basis, like-kind exchanges, Sec.199A small business decoctions and the current capital gains and estate code provisions are critical to America’s food producers. This action comes as Congress is looking for ways to pay for a $3.5 billion reconciliation spending package.
