Clock Ticking for Farmers on Tax Reform
“Farming doesn’t come with a steady paycheck or a guaranteed salary,” wrote AFBF President Zippy Duvall in the opening of his August Beyond the Fencerows column.
“Yet, America’s farmers and ranchers work hard every day to keep our nation’s food supply secure and affordable, all while bearing the brunt of the risks involved in our high-input, capital-intensive businesses.
“A lot is at stake for farmers and ranchers, especially when it comes to tax reform. We need a tax code that gives us flexibility to keep our businesses running from one season to the next. We can’t predict the markets or the weather when we plan for a growing season, but the right tools can help us manage the risks we face through good times and bad. Our tax system should encourage entrepreneurship, not punish people for their success. Farm Bureau is calling on lawmakers to work together to revise our tax code in a way that treats all businesses fairly and boosts our local economies.”
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