American Soybean Association Vice President Brad Doyle says farmers breathed a sigh of relief when potential changes to estate taxes were left out of the Build Back Better spending bill.
Many ag groups, including ASA, have been highlighting the importance of stepped-up basis.
“I think we were willing to give up many of the other topics to protect that because it’s vital to the family farm to continue in all of the United States and all crops,” he says.
