Tax Talks: How Sustainability and Federal Tax Policy Go Hand in Hand

South Dakota rancher and Vice President of NCBA, Todd Wilkinson joins the “Tax Talks” podcast to give his perspective on how changes to long-standing federal tax policy will affect the future generation of farmers and ranchers. Wilkinson offers a unique perspective as he has practiced law for over 35 years, specializing in estate tax planning and, with his son, owns a commercial cow-calf operation. He explains how the elimination of key tax provisions for family-owned businesses, such as stepped-up basis, is in direct conflict with the sustainability of agricultural operations. In addition, Wilkinson discusses why the proposed carve outs for ag won’t work for the industry.