Source: Chris Clayton, PROGRESSIVE FARMER, 7/22/21

As the U.S. Senate continues searching for some means of balance to pass a massive infrastructure bill, Republicans on Wednesday launched a series of floor speeches, press releases and a letter to President Joe Biden attacking Democratic spending and tax proposals, arguing they would put family farms and ranches in the crosshairs. The entire GOP Senate caucus joined in stressing Democratic plans to raise capital-gains taxes and eliminate stepped-up basis for inherited assets would be devastating to farmers, ranchers and other family businesses.

For more of this story, click here.