WASHINGTON—Republican members of the U.S. Senate Committee on Agriculture, Nutrition, and Forestry are increasing pressure on the U.S. Department of Agriculture (USDA) to support its claim that less than two percent of family farms and ranches will be impacted by the Biden administration’s proposed tax increases.
U.S. Senator John Boozman (R-AR), the committee’s ranking member, and seven other Republican members of the committee have requested U.S. Secretary of Agriculture Tom Vilsack provide a detailed explanation and any supporting economic analyses that clarifies how the proposed tax increases will affect farm estates.
Concern is high among farmers and ranchers across the country as they understand how harmful these proposed tax increases are on the economic wellbeing of rural America.
Leading agriculture news outlets have highlighted the efforts these Republican senators are making on behalf of family farmers and ranchers: