The average age of Nebraska farmers is nearly 57 years old. In many cases, those older farmers are making succession plans that would pass the family farm, ranch or small business onto the next generation of their family.

With million of Nebraska farm and ranch acres and small businesses at stake, some Nebraskans are concerned whether new tax proposals by the Biden administration could make it cost-prohibitive for those families to pass on their farm, ranch or small business to the next generation.

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Along with Nebraska Farm Bureau’s President Mark McHargue, Gov. Pete Ricketts and Rep. Don Bacon of Nebraska’s 2nd Congressional District spoke at the press conference, along with representatives of the Nebraska Cattlemen and the Nebraska Corn Growers Association.