Political Quotes

“Madam Speaker, I rise today to urge President Biden and his administration to back off on the attacks on rural America and rural Iowa. The administration has proposed changes to the stepped-up basis tax policy, which is, effectively, the death tax with a new coat of paint. I have heard from farmers all across the Fourth District who are concerned about these changes, and they would be financially devastating, especially when it comes to passing on that family farm to the next generation. This was confirmed in a recent study by Texas A&M and the Agriculture and Food Policy Center. It noted that the stepped-up basis changes would impact 98 percent of family farms and impose an additional $1 million tax on farms in the Midwest. It is simple. The hardworking men and women of the Fourth District and those who feed the world should not have to foot the bill for the Democrats' reckless spending agenda. The Biden administration isn't just looking at penalizing rural Americans with higher taxes. They are also looking at implementing burdensome regulations that will crush rural Main Streets and our agricultural community in the Midwest. Administrator Regan of the EPA recently announced that the EPA would look into undoing the 2020 Navigable Waters Protection Rule, which replaced waters of the U.S. as a smarter, more efficient, and more straightforward approach to defining what waters warrant Federal regulation.…”