GOP’s Evolving Tax Plan May See Changes

Dan Industry News Release

New details are filtering out on the GOP’s evolving tax plan. Some reports say equipment expensing and how producers file their taxes could see changes. Washington Post sources say the White House and GOP leaders want to cut the rate paid by thousands of businesses that pay taxes through the individual income tax code to 25-percent from nearly 40-percent. American …

farm bureau

Farm Bureau Responds to President’s Tax Plan

Dan Industry News Release

The following may be attributed to American Farm Bureau Federation President Zippy Duvall: “Farmers and ranchers need a tax code that promotes the business of farming and ranching and recognizes the unique financial challenges we face. Farm Bureau welcomes a pro-business approach to tax reform, but any tax reform proposal must treat all businesses fairly. Most farm and ranch businesses …