No Result
View All Result
  • Login
Friday, October 31, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Financial Planning

Millions of acres of public land sales added to Trump’s tax bill

by FeeOnlyNews.com
5 months ago
in Financial Planning
Reading Time: 2 mins read
A A
0
Millions of acres of public land sales added to Trump’s tax bill
Share on FacebookShare on TwitterShare on LInkedIn



The sale of millions of acres of federal land would provide billions of dollars to help pay for President Donald Trump’s massive package of tax cuts and spending in the Senate’s version of the bill released Wednesday night. 

As much as around 3 million acres of land owned by the Bureau of Land Management and the U.S. Forest Service would be mandated for sale in the legislation. The measure, which requires each agency to sell a small percentage of the hundreds of millions of acres of land they manage in eligible states that include Alaska as well as western states, could raise as much as $10 billion over 10 years, according to a fact sheet.

The plan is part of a broader effort to generate as much as $29 billion through a combination of expanded oil, gas, coal and geothermal lease sales, and new timber sales made public in the legislation unveiled by the Senate Energy and Natural Resources Committee. Similar energy requirements, included new energy lease sales in the coastal plain of Alaska’s Arctic National Wildlife Refuge, were included in the House version of the bill, which passed by a one-vote margin last month. 

The sale of public lands to help pay for the legislation has been a political lightning rod. A plan to sell about 500,000 acres of federal land in Utah and Nevada was stripped by the House version of the bill amid opposition from Republicans such as Montana Representative Ryan Zinke. 

The concept of public land sales has also enraged environmental and conservation groups, who say the proposal threatens wildlife as well as access to lands for outdoor recreation, hunters and fishermen. 

“It’s a travesty that Senate Republicans are putting more than 3 million acres of our beloved public lands on the chopping block to sell at fire-sale prices to build mega mansions for the ultra-rich,” said Patrick Donnelly, a director at the Center for Biological Diversity.

Republicans have said the sales are needed to provide cheap land to help address a housing crisis, and to help western states, where the government owns large swaths of federal land, to restore the areas to economic production and associated tax revenue. 

“This proposal allows a fraction of 1% of federal land to be used to build houses,” the Senate energy committee said in the fact sheet. “In doing so, it will create thousands of jobs, allow millions of Americans to realize the American dream, and reduce the deficit and fund our public lands.”



Source link

Tags: ACRESAddedbilllandmillionsPublicsalestaxTrumps
ShareTweetShare
Previous Post

Vanguard seeks SEC approval for tax-busting fund

Next Post

Retirement Stress Is Real, but This Free Program Helps You Take Control

Related Posts

Importance of Critical Illness Insurance: Is it Worth the Investment?

Importance of Critical Illness Insurance: Is it Worth the Investment?

by FeeOnlyNews.com
October 31, 2025
0

A serious diagnosis can change the rhythm of a family’s life. Treatment needs attention. Work may pause. Routine bills still...

Commonwealth advisors leave for Cetera, Osaic, Raymond James

Commonwealth advisors leave for Cetera, Osaic, Raymond James

by FeeOnlyNews.com
October 30, 2025
0

Commonwealth Financial Network advisors keep voting with their feet, moving to firms like Cetera, Osaic and Raymond James rather than...

Six missing AI capabilities holding financial advisors back

Six missing AI capabilities holding financial advisors back

by FeeOnlyNews.com
October 30, 2025
0

Artificial intelligence tools are projected to radically alter the wealth management industry, with new platforms promising to help advisors expedite...

Ameriprise Q3 earnings rise despite RIA losses

Ameriprise Q3 earnings rise despite RIA losses

by FeeOnlyNews.com
October 30, 2025
0

It's unclear how Fifth Third Bank's pending $11 billion acquisition of Comerica Bank could affect the seller's wealth management services...

How advisors are using AI tools for prospecting and growth

How advisors are using AI tools for prospecting and growth

by FeeOnlyNews.com
October 30, 2025
0

As Michael Kitces pointed out in his opening fireside chat at Financial Planning's ADVISE AI 2025 this week in Las...

How to keep your AI use from violating industry rules

How to keep your AI use from violating industry rules

by FeeOnlyNews.com
October 29, 2025
0

Advisors using AI could take a big step toward regulatory compliance if they began every query proposed to ChatGPT or...

Next Post
Retirement Stress Is Real, but This Free Program Helps You Take Control

Retirement Stress Is Real, but This Free Program Helps You Take Control

Standard Chartered analyst predicts XRP will flip Ethereum in 3 years

Standard Chartered analyst predicts XRP will flip Ethereum in 3 years

  • Trending
  • Comments
  • Latest
AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

October 15, 2025
Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

October 14, 2025
Are You Losing Out Because of Medicare Open Enrollment Mistakes?

Are You Losing Out Because of Medicare Open Enrollment Mistakes?

October 13, 2025
Coinbase boosts investment in India’s CoinDCX, valuing exchange at .45B

Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B

October 15, 2025
Government shutdown could drain financial advisor optimism

Government shutdown could drain financial advisor optimism

October 7, 2025
Getting Started: How to Register

Getting Started: How to Register

October 10, 2025
Trust Government Statistics, Not Government

Trust Government Statistics, Not Government

0
Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?

Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?

0
Customized financing paths for emerging business models – Investment Watch Blog

Customized financing paths for emerging business models – Investment Watch Blog

0
Getting Started: How to Browse Listings

Getting Started: How to Browse Listings

0
Gov’t plans mortgage relief from tax on bank profits

Gov’t plans mortgage relief from tax on bank profits

0
A Comprehensive Analysis of New Launch vs. Resale Market in Singapore – Investment Watch Blog

A Comprehensive Analysis of New Launch vs. Resale Market in Singapore – Investment Watch Blog

0
Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?

Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?

October 31, 2025
Getting Started: How to Browse Listings

Getting Started: How to Browse Listings

October 31, 2025
Tattd gave four TechCrunch writers tattoos at Startup Battlefield

Tattd gave four TechCrunch writers tattoos at Startup Battlefield

October 31, 2025
‘Big Short’ investor Michael Burry is back with a bubble warning after 2 years of silence

‘Big Short’ investor Michael Burry is back with a bubble warning after 2 years of silence

October 31, 2025
Getting Started: Buying Formats and Payments

Getting Started: Buying Formats and Payments

October 31, 2025
Recipes with Rothbard: What Chocolate Cake Can Teach About Economics

Recipes with Rothbard: What Chocolate Cake Can Teach About Economics

October 31, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Donald Trump Makes Nice With China, But Why Are The Bitcoin And Ethereum Prices Still Crashing?
  • Getting Started: How to Browse Listings
  • Tattd gave four TechCrunch writers tattoos at Startup Battlefield
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.