…of a national monument or estate taxes for farms.” CFBF President Paul Wenger said farmers have advocated for years for repeal of the federal estate tax. “Relative to the tax…
Groups Want Checkoff Reform
Over 80 organizations recently sent letters to both the Senate and House of Representatives, calling on lawmakers to fix the government’s “failed commodity tax support programs.” The 80 organizations represent…
Farmer Opinions on Trump’s First 100-Days
…law. There are several items on Trump’s to-do list that will impact farmers. They include infrastructure upgrades, immigration reform, tax cuts, and renegotiating trade agreements. Trump’s approval rating outside agriculture…
Farm Bureau Responds to President’s Tax Plan
…the tax code. “Farm Bureau is pleased to see President Trump’s plan will immediately take on one of our top concerns, the estate tax. Eliminating the estate tax will free…
Bill Introduced to Reform Biodiesel Tax Credit
…would ensure that the tax credit would incentivize domestic production and taxpayers wouldn’t be subsidizing imported fuel. Biofuel imports have increased from 510 million gallons in 2014 to approximately one…
Executive Order Creates New Agriculture Panel
…the next, including changes to the estate tax and the tax valuation of family or cooperatively held businesses; (ix) ensure that water users’ private property rights are not encumbered when…
Tulare County Celebrates Farm Bureau Leaders
…of service to the California Farm Bureau Federation. John was the Director of Taxation and Land Use for CFBF and throughout that time, he has been the unchallenged leader in…
Canada Responds to Dairy Trade Disagreement with U.S.
…taxes on ultra-filtered milk, which is used to make cheese. It had been imported tax-free but Canada changed direction after dairy farmers there complained. About 70 percent of dairy farmers…
Tax Reform by August Unlikely
…and have called on Congress to create a simpler tax code for farmers and ranchers. Ag groups are also urging Congress to reduce income tax rates, reduce capital gains taxes…
Trump: Healthcare Reform Before Tax Reform
…“and all that savings will go into tax reform.” The biggest tax reform that agriculture would like to see is a repeal of the estate tax. Over 30 Ag organizations…
House Agriculture Committee Examines Impacts of Tax Code on Agriculture Industry
…reform, it is important to highlight the unique challenges of the agricultural industry and explore opportunities within the tax code to better support a vibrant farm sector. “As with tax…
California Farm Groups Opposing State Gas Tax Proposal
Agriculture groups in California are banding together in opposition to a tax proposal that would raise taxes on gas and increase vehicle fees. The proposed tax included in a California…
Farmers and Ranchers Need Comprehensive Tax Reform
…reduced income tax rates, reduced capital gains taxes, immediate business expensing, and estate tax repeal. But, Wolff explained, the plan can be improved by reinstating benefits like the deduction for…
Protectionist Trade Rhetoric Not Beneficial for Global Ag Companies
The CEO of Deere and Company told CNBC trade rhetoric by President Donald Trump and prospects of a border tax are “worrisome” for global companies. Deere’s Samuel Allen says that…