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Struggle Over Tax Break for Inherited Farmland Churns Below Surface in Reconciliation Bill

September 21, 2021

Agricultural groups and farm-state lawmakers notched a significant win when U.S. House Democrats chose not to touch a big tax break for inherited property, avoiding for now a confrontation. But opponents remain wary that the idea could come back at any time as Democrats shape their massive $3.5 trillion budget reconciliation package, and search for ways to help pay for the most significant expansion of the social safety net since the New Deal.

Article Source: Maryland Matters

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