The House advanced President Trump’s “Big, Beautiful Bill” this week, which aims to extend a number of tax provisions set to expire at the end of the year, including the Section 199A Deduction.
American Farm Bureau Associate Economist Samantha Ayoub joined RFD-TV’s Tammi Arender to discuss what the provision entails, how impact it is for farmers, and the outlook for the deduction moving forward.
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“It really hamstrings our availability of financing to get loans when everything is costing 30-60% more.”
“Producers want those options for identification and traceability purposes that they were promised back in 2013, and that’s what made it controversial.”
“We need something to happen!”