Farm Bureau Applauds Congressional Tax Reform

Dan Economy, Industry News Release

tax reformThe federal tax reform plan coming out of Congress makes major changes to the tax code. Pat Wolff, AFBF senior director of congressional relations, says Farm Bureau is reviewing the plan to ensure the effective tax rate lessens the tax burden for America’s farmers and ranchers.

Wolff calls it a bold proposal that she expects to move through Congress quickly. The bill would extend provisions critical to agriculture, in addition to repealing the estate tax—a reform Farm Bureau has long called for.

Wolff says tax reform done right means that farmers and ranchers get to keep more of their hard-earned money. The tax reform plan is on a fast-track for passage. Wolff says the big question is whether the new tax code will result in lower taxes for farmers and ranchers.

American Farm Bureau senior director of congressional relations, Pat Wolff.

From the National Association of Farm Broadcasting News Service.