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Sens. Lankford, Thune, Daines, McConnell, Crapo Lead Senate Republican Caucus in Urging Biden Administration to Drop Step-Up In Basis Tax-Hike Proposal
July 22, 2021
WASHINGTON, July 22 -- Sen. James Lankford, R-Oklahoma, issued the following news release on July 21, 2021:

Senator James Lankford (R-OK) joined Senators John Thune (R-SD), Steve Daines (R-MT), and Mike Crapo (R-ID), and Mitch McConnell (R-KY) today led the entire Senate Republican caucus in urging President Biden to abandon his effort to impose a capital gains tax increase on family-owned businesses, farms, and ranches. Repealing this part of the tax code would have a devastating e . . .

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