FB Opposes Eliminating Stepped-Up Basis, Capital Gains at Death
Farm Bureau is gearing up for a fight to protect farm and ranch families from literally having to “sell the farm” just to pay taxes when generational transfers occur. American Farm Bureau President Zippy Duvall commented this week on recent proposals by several lawmakers to tax unrealized capital gains at death and rollback the stepped-up basis on those capital gains. Full details in Policy Watch.
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