Tester Won’t Support Changes To Stepped-up Basis
Continuing his aggressive effort to protect Montana’s family farms, ranches, and small businesses, U.S. Sen. Jon Tester, D-Mont., sent a letter to Senate Majority Leader Chuck Schumer and Senate Finance Committee Chairman Ron Wyden stating his continued opposition to proposed changes to the “stepped-up basis” provision of the tax code as the Senate negotiates pay-fors for the 2021 reconciliation