…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…
NPPC, Ag Groups Ask for Tax Reform
A coalition of more than 30 agriculture groups is pressing Congress to repeal the estate tax. A letter sent to the House Ways and Means Committee asked that any tax…
Subcommittee Examines Federal Nutrition Programs
…populations, as well as how they operate alongside SNAP—the nation’s largest federal nutrition program—will help the committee ensure that our taxpayer dollars are used as efficiently as possible,” said Agriculture…
National Farmers Union Cautions Against Health Care Changes
…new form of individual tax credits and grants to help states shape their own policies. The House Energy and Commerce Committee has scheduled a markup of the bill Wednesday. From…
India Reconsidering Wheat Import Tax
Two sources in the Indian government told Reuters this week that India could impose a 25-percent wheat import tax by the middle of March. That move would reinstate the tariff…
Mexico Won’t Negotiate New Tariffs in NAFTA
…border wall and impose a 20 percent tax on imports from Mexico, along with another possible tax on automobiles. Without NAFTA, the U.S. and Mexico would be subject to stricter…
AFBF President Addresses USDA Ag Outlook Forum
…the ‘best of times’ outlook for agriculture, being getting serious on immigration, tax, and regulatory reforms, providing much-needed relief for farmers. From the National Association of Farm Broadcasting news service….
U.S. Corn a Better Deal for Mexico than Corn from Brazil, Argentina
…plans to renegotiate the North American Free Trade Agreement, and build a wall between the U.S. and Mexico while implementing an import tax of 20 percent on Mexican goods entering…