FarmPolicy

August 20, 2019

Biofuels- Taxes; Climate; Farm Bill; Food Safety; and Ag Economy

Tax Issues: Political Background

John D. McKinnon and Janet Hook reported in today’s Wall Street Journal that, “Democrats are predicting that a much-debated tax agreement will clear a crucial hurdle comfortably in the Senate on Monday, with a margin that they hope will add momentum to the deal in the House.

“But even with President Barack Obama, former President Bill Clinton and a growing number of Senate Democrats backing the deal, House Democrats remained eager to test whether they could push Republicans to raise the proposed tax rate on estates.”

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