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Shining Light on Farm & Food Policy for 20 Years.
Sunday, March 09, 2025
Democrats’ massive Build Back Better bill not only protects stepped-up basis, it also includes a long-sought change in an estate-tax provision that could have far-reaching benefits for many farms.
Some farmers may have to start preparing for higher taxes if Joe Biden takes office, but much depends on the outcome of the elections — in particular, whether the Democrats also can take the Senate and retain the House, which could provide the party the political boost to make big changes.