Shining Light on Farm & Food Policy for 20 Years. Friday, September 27, 2024

Articles by Noah Wicks

Capitol Building

Daybreak Sept. 14: Dems shield stepped-up basis, but target estate taxation

Farm groups are breathing a collective sigh of relief that congressional Democrats have dropped the idea of taxing capital gains at death, preserving the benefits of stepped-up basis. But many may still need to start talking to their tax advisers about just what’s in the legislation and how it could affect their tax planning.
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Black cattle grazing

USDA expands drought aid for cattle producers

The Agriculture Department is increasing the amount of assistance available to drought-stricken cattle producers by adding coverage for feed transportation costs to the Emergency Assistance for Livestock, Honey Bees and Farm-raised Fish Program.
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Debbie Stabenow 1

Daybreak Sept. 7: Republicans seek hearings on reconciliation package

House and Senate Ag Committee Republicans are urging the Food and Agricultural Climate Alliance to join them in calling on Democrats to hold public hearings ahead of considering ag spending in the $3.5 trillion budget reconciliation bill. Committee Chairman David Scott, D-Ga., has announced a business meeting for Friday to consider the reconciliation package.
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