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Shining Light on Farm & Food Policy for 20 Years.
Sunday, December 22, 2024
A survey of producer sentiment in May reveals the lowest overall reading since September 2020 and declines in several areas, however, producers expect farmland values to rise over the next five years.
Some farmers may have to start preparing for higher taxes if Joe Biden takes office, but much depends on the outcome of the elections — in particular, whether the Democrats also can take the Senate and retain the House, which could provide the party the political boost to make big changes.
Democratic presidential candidates are promising big fixes to the nation’s roads, bridges, and waterways through massive trillion-dollar infrastructure plans but are balking at the idea of raising the federal gas tax.
WASHINGTON, Nov. 3, 2017 - The House GOP tax bill’s new rules for partnerships and other “pass-through” small businesses, together with new requirements for paying self-employment taxes, could significantly offset some of the legislation’s benefit to farms, experts say.
WASHINGTON, Feb. 22, 2017 - Tax reform is one of the two highest priorities for Republicans in Congress this year along with replacing Obamacare, but GOP lawmakers are struggling to make progress on either.
