President Trump’s 2017 tax cuts had broad implications for rural America. Many in agriculture are now urging lawmakers to extend the expiring provisions.
Farm CPA Paul Neiffer spoke with RFD-TV’s own Jennifer Vickery Smith on how Congress can pay for extending the tax cuts and the possible timeline.
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Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report to discuss the implications for farmers.
“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
RFD-TV tax expert Roger McEowen discusses the renewed tax provision and how cattle producers can take advantage of it to recover investments in heifer retention and herd expansion more quickly.
Rich Nelson, a commodity broker for Allendale Inc., joins us to break down what the U.S.-China trade agreement means for the ag economy.