Source: ROLL CALL, 6/2/21


House Agriculture Chairman David Scott objected Wednesday to President Joe Biden’s proposal to change the capital gains taxation on inherited property, signaling growing opposition among farm-state Democrats to a change Biden hoped would help to fund sweeping domestic spending proposals. Scott, D-Ga., in a statement called the proposal to tax capital gains at the time of a person's death “untenable” and said exemptions that would allow farmers and ranchers to delay tax payments...

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