inheritance tax

Farm Bureau urges members to turn ‘energy and passion’ against clean water rule

The president of the largest U.S. farm group called for members to bring the "same energy and devotion when it comes to WOTUS" that they used last year to preserve a tax break on inherited property. President Zippy Duvall said the American Farm Bureau Federation also influenced legislation and USDA programs on climate mitigation to ensure that they "respect farmers."

Biden tax plan puts U.S. farms at risk, says Boozman

Farmers could face huge tax bills if President Biden succeeds in raising capital gains tax rates and eliminating a loophole for inherited assets such as farmland, said the senior Republican on the Senate Agriculture Committee. The proposals are unpopular in farm country and some Democrats in …