Pressure from farm groups fixes tax reform concerns
After pressure from farm groups, the House Ways and Means Committee altered a sweeping tax reform bill after to avert a significant increase in self-employment taxes that could have adversely affected many farmers.
The tax reform measure, which will be on the House floor this week, also was altered to potentially reduce the effective income tax rates paid by farmers and small businesses.
“America’s farmers and ranchers are ready for a tax system...
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