Securing major tax cuts is one of President Trump’s big agenda items this year.
During this week’s address to Congress, he said the 2017 tax cuts need to become permanent.
“It’s a very, very big part of our plan. We had tremendous success in our first term within a very big part of our plan. We’re seeking permanent income tax cuts all across the board and to get urgently needed relief to Americans hit especially hard by inflation. I’m calling for no tax on tips, no tax on overtime, and no tax on Social Security benefits for our great seniors.”
Related Stories
Study finds Farm Bill programs provided more direct improvement in farm loan performance.
The U.S. Meat Export Federation says technical barriers and uncertainty continue to weigh on exports to China while U.S. beef continues to find growth opportunities in other international markets.
Farm groups say producers need long-term certainty amid continued economic pressure
RealAg Radio host Shaun Haney says talks between U.S. Trade Representative Jamieson Greer and Canadian negotiators remain stalled, leaving producers and businesses watching closely for what comes next.
Annual review will track how USDA crop estimates change throughout the growing season
RealAg Radio’s Shaun Haney says escalating uncertainty around the U.S.-Canada trade relationship will remain an issue to watch in agriculture.