Biden’s Stepped-Up Basis Plan hurts farmers, ranchers

By Sen. Jim Inhofe and Rep. Frank Lucas

You don’t have to travel very far in Oklahoma to understand how important farming and agriculture are to our state. We are the secondlargest beef-cow-producing state and fourthlargest wheat producing state in the nation. Oklahoma is also home to over 86,000 farms, covering 35 million acres. Farms and ranches have been passed down in many families from generation to generation—our agricultural root…