The National Cattlemen’s Beef Association says potential tax policy changes are a mixed bag for cattle country. 

NCBA Vice President Todd Wilkinson tells Brownfield some progress has been made. “I think we’re in a pretty good place. I believe the stepped-up  basis is going to stay and I think we’re going to keep like-kind exchanges.”

But, he says the Biden administration wants to rollback current estate tax deductions by $6 million dollars next year instead of 2026 and that would be detrimental to land transfers.

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