One farm tax expert says the proposal wouldn’t just tack on that tax at death. He says the proposal, as written today, would also place a tax on gifting assets like tractors while the farmer is still alive.
President Biden is preparing to announce a $2.25T infrastructure plan on Wednesday. It's aimed to fuel funding for America’s roads, waterways, broadband and the electric grid, but there's also a focus on climate.
The Biden administration unveiled a goal to expand the nation's fledgling offshore wind energy industry in the coming decade by opening new areas to development and boosting public financing for projects.
USTR Katherine Tai on Monday told the European Union's competition commissioner, Margrethe Vestager, that she has a "strong desire to develop a more positive and productive" trade relationship with the EU.
USDA Secretary Tom Vilsack said a Mexican plan to ban imports of GMO corn would apply to grain used for human food products, not livestock feed, based on a conversation he had with Mexican Agriculture Secretary.