Nebraska Farm Bureau Disappointed in Agriculture Secretary Vilsack's Opinion Piece Regarding Elimination of Stepped-Up Basis
September 15, 2021
September 15, 2021
LINCOLN, Nebraska, Sept. 15 (TNSPol) -- Nebraska Farm Bureau issued the following news release:
In a letter to U.S. Secretary of Agriculture Tom Vilsack, Nebraska Farm Bureau President Mark McHargue expressed extreme disappointment with a recent opinion piece in the Wall Street Journal where Vilsack claimed the capital gains tax provision known as "stepped-up basis" protects investors, not farmers and ranchers. Stepped-up basis is an important and long-standing federal tax . . .
In a letter to U.S. Secretary of Agriculture Tom Vilsack, Nebraska Farm Bureau President Mark McHargue expressed extreme disappointment with a recent opinion piece in the Wall Street Journal where Vilsack claimed the capital gains tax provision known as "stepped-up basis" protects investors, not farmers and ranchers. Stepped-up basis is an important and long-standing federal tax . . .