There are a lot of unknowns as the year carries on, including key tax breaks that are due to sunset this year. National Cattlemen’s Beef Association says they have talked with more than a thousand members and found that this impacts a lot of producers.
“99% of the survey respondents identify as a family-owned enterprise, and I think that’s an important thing that we in agriculture have to do is to continue to that face, that human element on the letters and numbers of very complex tax code,” said Kent Bacus.
President-elect Trump has addressed the tax cuts in recent weeks, and he has asked Congress for one bill to address many areas like taxes and border security.
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“What we’re hoping to do is just help our farmers have one more tool that they can help protect their livestock...”
“We don’t need to mandate these on the highway.”
“We’re going to get this $280 million out to those Rio Grande Valley farmers and make sure they can see another day and farm another crop.”