 |  |  |  |  |  |  |  |  |
Below you'll find a list of all posts that have been tagged as “tax cuts”
Farm families are reaping the benefits of the Tax Cuts & Jobs Act (TCJA) signed by President Donald J. Trump in December, according to a U.S. Department of Agriculture (USDA) report. The Economic Research Service (ERS) studied 2016 Internal Revenue Service and USDA data and released findings last month showing the effective tax rate for farmers is 3 to 6 percent …
Governor Rick Scott signed 74 bills into law last Friday including the tax-cut package, HB 7087, which totals about $171 million in tax and fee cuts. The package authorizes many things, including tax breaks for farmers and ranchers who suffered damage in Hurricane Irma. It offers tax breaks on agricultural fencing materials purchased for repairs after the hurricane and includes …
U.S. Secretary of Agriculture Sonny Perdue hailed the House of Representatives’ passage of historic tax cuts and reforms as an important step toward providing much-needed relief to Americans, creating jobs, and boosting the economy. Perdue issued the following statement: “We haven’t had an overhaul of the burdensome federal tax code since the mid-1980s and it is well past time to …
National Hog Farmer says the fiscal year 2018 budget proposed by Republicans and passed by Congress is a step forward toward possible tax cuts. Republicans will be able to use a procedural move that lets tax legislation be passed in the Senate with 50 votes. The goal of the Trump Administration and Republican leaders is to get the tax bill done …
