Sen. Inhofe Joins Entire Senate Republican Caucus in Urging Biden Administration to Drop Step-Up in Basis Tax-Hike Proposal
July 22, 2021
July 22, 2021
WASHINGTON, July 22 -- Sen. James M. Inhofe, R-Oklahoma, issued the following news release:
U.S. Sen. Jim Inhofe (R-Okla.) joined U.S. Sens. John Thune (R-S.D.), Steve Daines (R-Mont.) Mike Crapo (R-Idaho), Mitch McConnell (R-Ky.) and 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 effect on multi-gener . . .
U.S. Sen. Jim Inhofe (R-Okla.) joined U.S. Sens. John Thune (R-S.D.), Steve Daines (R-Mont.) Mike Crapo (R-Idaho), Mitch McConnell (R-Ky.) and 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 effect on multi-gener . . .