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Balanced Reporting. Trusted Insights.
Monday, September 27, 2021
Farm groups are breathing a collective sigh of relief that congressional Democrats have dropped the idea of taxing capital gains at death, preserving the benefits of stepped-up basis. But many may still need to start talking to their tax advisers about just what’s in the legislation and how it could affect their tax planning.
A new effort from the Bipartisan Policy Center to combat food and nutrition insecurity is headlined by a celebrity chef and former ag secretaries but also includes heavy hitters from all aspects of food and agriculture.
President Joe Biden will nominate Janie Simms Hipp, an agricultural law veteran and member of the Chickasaw Nation, to become the Agriculture Department’s general counsel, and USDA also announces new senior leadership positions.
Many farmers, ranchers and forest owners are as concerned about the government response to climate change as they are about the problem itself. But, if the US is going to prevent the worst impacts of climate change, we are going to need the help of agriculture and forestry.
Medicare expansion proposals could benefit rural health care, if enacted; more realistically, smaller benefits for rural hospitals, and perhaps cheaper drugs for all, may be on the way.
Two former governors from both sides of the political aisle on Wednesday thanked congressional negotiators for coming up with a massive legislative package to fight the opioid epidemic, but they stressed that much more is needed.
