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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The Pet and Livestock Protection Act now moves to the Senate for consideration.
“So, this assistance will help in the short-term, but that shouldn’t be confused with the long-term solution.”
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Larger operations maintain cost advantages, while softer equipment sales suggest producers are pacing machinery upgrades amid tighter margins.