The National Cattlemen’s Beef Association applauded the introduction of legislation designed to kill the estate tax. A Beef U.S.A. Dot Org article says the Death Tax Repeal Act of 2017…
2016 Biodiesel Market Skunks Previous Records
…to consumers and promote local economic activity. Second that reforming the biodiesel tax incentive as a domestic production credit remains critical to grow these programs in America’s best interest,” Rehagen…
Important Tax Deadline Looms for Farmers
…next generation without incurring an estate or inheritance tax. “In addition to it passing on estate tax free, if it goes through their will, the heirs get a step-up in…
AFBF Endorses Bills to Repeal Death Tax
…than one that punishes their success. We believe that repeal of the estate tax offers the best solution to protect farms, ranches and all family-owned businesses from the estate tax.”…
Canada Exporters Fretting Over Import Tax Proposal
Exporters in Canada are scrambling to avoid a potential 10 percent import tax promised by new U.S. President Donald Trump. In evaluating options, some are even considering moving production or…
Georgia Agriculture Under Former Governor Sonny Perdue
…soybeans and peanut production doubled in the state. During his time as governor, he focused on agriculture issues including water management and making tax code changes that were beneficial to…
Role of Fossil Fuels in the U.S. Food System and the American Diet
…a carbon dioxide emissions tax. The tax rate reflects the range of current Federal estimates for social costs from CO2 emissions. We assume that all taxes levied to fossil fuel…
China Halts Ethanol Shipments
…it would adjust the tax to “protect” the domestic industry but did not provide further details. If the tariff moves forward, U.S. ethanol shipments to China would stall due to…
Vilsack’s Week Early Departure Meant to Save Tax Dollars
Vilsack Former Agriculture Secretary Tom Vilsack stepped down a week early from his cabinet post to “save taxpayers a few bucks.” Vilsack told Reuters he and his family were taking…
2017 Farmland Values in Limbo
…prices, interest rates, inflation, challenges in the world economy, weather and U.S. tax law; all could change the direction of land prices for 2017. In the past three years, agricultural…
Combs a Surprise Potential Ag Secretary Nominee
…as a comptroller stand out, saying she streamlined tax processes, recaptured $600 million in unpaid taxes, and cut $400 million dollars in government purchasing by making the process more efficient….
Proposed Tax Regulation a Threat to Future Cattle Farms
…the estate tax.” When a principal in a business passes away, assets often must be sold to meet the tax burden. Producers have used valuation discounts to help them shoulder…
China: Potential Trade War Not a ‘One-Way Street’
…other campaign pledges. Still, as Bloomberg reports, the message from China is that any move to tax Chinese imports would bring retaliation, the U.S. economy would take a hit and…
What Does Trump Win Mean for Ag
…United States rule, which is a disaster, and provide desperately needed tax relief.” Trump has pledged to lower the tax rate on family farms to 15 percent and stop the…