Tax Cuts Crucial for Iowa Families
6 Articles
6 Articles
Farmers Set to Lose Billions Without Tax Cut Extension
If Congress doesn’t extend current tax provisions, America’s farmers and ranchers will be forced to pay up to $9 billion more in federal taxes every year. Tax relief enacted by the 2017 Tax Cuts and Jobs Act is set to expire at the end of this year, which would lead to tax increases for almost two-thirds of families, including those in rural America. “The size of a federal tax bill can make or break farm profitability, particularly for small far…
Failure to extend tax cuts could cost farmers billions - Texas Farm Bureau
If Congress fails to extend current tax provisions, America’s farmers and ranchers will be forced to pay $9 billion more in federal taxes every year, according to the American Farm Bureau Federation (AFBF). Tax relief enacted by the 2017 Tax Cuts and Jobs Act (TCJA) is set to expire at the end of this year, which would lead to tax increases for almost two-thirds of families, including those in rural America. In a Market Intel report, AFBF econom…
Addressing the increasing age of farmers and ranchers | Iowa Agribusiness Radio Network
Data shows that the average age of American farmers and ranchers is getting higher. This is a major concern in farm country because it means that newer generations aren’t returning to the farm. American Farm Bureau (AFBF) President Zippy Duvall testified on this issue, as well as ways to address the problem, with the Senate Special Committee on Aging. https://d30hko96l9xirl.cloudfront.net/Iowamediafolder/2025/06/06032025-duvall-01.mp3 Duvall said
Farmers Set to Lose Billions Without Tax Cut Extension - Southern Farm Network
If Congress doesn’t extend current tax provisions, America’s farmers and ranchers will be forced to pay up to $9 billion more in federal taxes every year. Tax relief enacted by the 2017 Tax Cuts and Jobs Act is set to expire at the end of this year, which would lead to tax increases for almost two-thirds of families, including those in rural America. “The size of a federal tax bill can make or break farm profitability, particularly for small far…
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