reconciliation bill

Struggle over tax break for inherited farmland churns below surface in reconciliation bill

BY: - September 21, 2021

WASHINGTON — Agricultural groups and farm-state lawmakers notched a significant win when U.S. House Democrats chose not to touch a big tax break for inherited property, avoiding for now a confrontation. But opponents remain wary that the idea could come back at any time as Democrats shape their massive $3.5 trillion budget reconciliation package, and search […]