Rep. Mann Continues Fight Against President Biden's Farm Killer Tax
March 14, 2024
March 14, 2024
WASHINGTON, March 14 -- Rep. Tracey Mann, R-Kansas, issued the following news release:
U.S. Representative Tracey Mann (KS-01) issued the following statement in response to President Biden's Fiscal Year 2025 budget proposal and Fiscal Year 2025 revenue proposals that threaten the stepped-up basis and impose farm-killing 'marked-to-market' capital gains taxes on property like farmland that has been held in families for 90 years or more.
"Farming is a multi-generat . . .
U.S. Representative Tracey Mann (KS-01) issued the following statement in response to President Biden's Fiscal Year 2025 budget proposal and Fiscal Year 2025 revenue proposals that threaten the stepped-up basis and impose farm-killing 'marked-to-market' capital gains taxes on property like farmland that has been held in families for 90 years or more.
"Farming is a multi-generat . . .