NCBA Stands Ready to Fight for Sound Tax Policy
In his American Families Plan, President Biden targets several provisions of the tax code to raise approximately $1.5 trillion in revenue over the next 10 years. The National Cattlemen's Beef Association (NCBA) has long advocated for sound tax policy for rural America.
"Family-owned cattle operations, no matter the size, are the backbone and economic drivers of rural economies across the U.S. Preserving long-standing tax provisions such as stepped-up basis and like-kind exchanges is critical when considering the financial viability of farms and ranches, as well as the ability for the next generation of...
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