By Aeric Reilly, Southeastern Montana rancher. It is no secret that family farms face tremendous challenges right now. Corporate monopolies, a changing climate, rising health care costs and a …
Capital Gains
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Daines Leads Fight to Protect Family Farms From Increased Tax Burden
by Colter BrownU.S. Senator Steve Daines today led all 50 Senate Republicans in urging President Biden to abandon his effort to impose a tax increase on Montana family-owned businesses, farms, and ranches. …
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Biden Plan to Exempt Farms from Elimination of Capital Gains Tax Breaks
by Colter BrownIn a joint address to Congress on Wednesday night, President Biden lobbied for some big spending proposals for infrastructure, education, social services and healthcare. To pay for his wish list, …
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Farm Bureau Opposes Elimination of Stepped-Up Basis and New Capital Gains Taxes at Death
by Colter BrownThe American Farm Bureau Federation is speaking out against the recent proposals by several lawmakers to tax unrealized capital gains at death and roll back the stepped-up basis on those …
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One of the first questions about a new administration in Washington, D.C., is how tax policy may or may not change. Pat Wolff, Senior Director of Congressional Relations with the …