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  /  Updates   /  House ag chair: Shield farmers from high taxes for Biden projects
June 3, 2021

House ag chair: Shield farmers from high taxes for Biden projects

Red combine harvester in golden wheat field.

From agriculture.com

The Biden administration could “impose a significant financial burden” on farm families with its proposal for stricter application of capital gains taxes, said House Agriculture chairman David Scott on Wednesday. Scott also said any increase in estate taxes “for those taking over farmland is untenable.” Read the rest of the article here.