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Shining Light on Farm & Food Policy for 20 Years.
Tuesday, December 24, 2024
Lawmakers return to Washington next week facing a battle over tax cuts and the possibility of a government shutdown, if they can’t agree on a budget for the rest of the fiscal year.
Republicans narrowly pushed a tax bill through the House Thursday that would slash corporate and individual taxes while preserving and even expanding key benefits for farms.
Farms could see different impacts on their federal tax returns under the varying and complex rules in the tax legislation that Republicans are seeking to push through the House and Senate.
While tax reform dominates the discussion in Washington, D.C., U.S. agriculture must not allow its focus to be diverted from the equally important issue of agricultural trade.
Republicans look to advance competing tax reform plans in the House and Senate this week, and farm groups look to build on their early success in shaping the legislation.
Under pressure from farmers, a House panel advanced a sweeping tax reform bill after Republicans made last-minute changes to avert a significant increase in self-employment taxes for many producers.
Hello everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and the Renewable Fuels Association.
WASHINGTON, Nov. 5, 2017 - House Republicans will seek to push their tax reform plan through committee this week, knowing it likely faces significant changes in the Senate to meet its budget rules.