Northern Ag Network
Northern Ag Network
Northern Broadcasting System    Northern News Network    Northern Sports Network
Search This Site...
Search This Site...
Ag Needs Tax Reform

Ag Needs Tax Reform

10/9/2017 9:42:00 AM/Categories: Popular Posts, Today's Top 5, People in Ag, Livestock, Grains, National News, Ag Issues

It’s been over 30 years since the last Tax Reform Bill was signed into law by president Reagan. Since then, the tax code has impacted family farms and ranches and even made passing on the family business very expensive or an impossible task. As president Trump works to pass the first tax reform bill in 30 years agriculture is  make sure its voice is heard. 

The National Cattlemen’s Beef Association last month kicked off a media and advertising campaign that will shine a spotlight on how various federal tax provisions impact America’s cattle and beef producers. The campaign, which will focus heavily on the death tax, aims to build support in Washington for comprehensive tax reform that makes our tax code fair for agricultural producers. The campaign will be centered around a new website,

“We have a once-in-a-generation opportunity to enact truly comprehensive tax reform, and we can’t afford to let this opportunity pass or to get it wrong,” said NCBA President and Nebraska cattleman Craig Uden. “Family ranchers and farmers deserve a full and permanent repeal of the onerous death tax, which charges them in cash on the often-inflated appraised value of their property and equipment. This campaign will shine a spotlight on the stories of real ranchers who have had to deal with this issue, and it will also highlight current tax provisions that we need to maintain, such as stepped-up basis, cash accounting, and deducibility of interest payments.”

Northern Ag Network & NCBA


Leave a comment

Add comment


Recent Ag News

Zinke Supports Reintroduction of Grizzlies in Washington State: Livestock Groups Respond

3/23/2018 1:30:00 PM
WASHINGTON (March 23, 2018) - Today the Public Lands Council (PLC), National Cattlemen's Beef Association (NCBA), and Washington Cattlemen’s Association (WCA) issued the following statements in response to the Department of the Interior’s announcement in support of introducing Grizzly Bears in the Washington North Cascades:  >> Read More
Article rating: No rating

Montana Farmers and Ranchers Celebrate National Ag Week

3/22/2018 4:41:00 AM

National Ag Week recognizes and celebrates the abundance provided by agriculture. Every year, producers, agricultural associations, corporations, universities, government agencies and countless others across America join together to recognize the contributions of agriculture.

>> Read More
Article rating: No rating

ELD Delay and More: Omnibus Spending Bill

3/21/2018 9:06:00 PM
Electronic Logging Devices: The bill includes a provision that would grant livestock haulers an exemption from ELDs until September 30, 2018. >> Read More
Article rating: No rating

125 Years of Agriculture at Montana State University

3/21/2018 4:35:00 PM

The Montana State University College of Agriculture and Montana Agricultural Experiment Station are proud to salute the university's agricultural community and partners across the state.

>> Read More
Article rating: No rating

Wyoming Ranchers Win Right to Be Heard to Defend Against Grizzly Bears Predation

3/20/2018 9:39:00 AM
DENVER, CO. Today, a federal judge agreed that Wyoming ranchers add an important voice to the discussion over how to deal with the rebounded grizzly bear population around Yellowstone National Park. For decades, ranchers such as Charles C. Price and Mary E. Thoman have dealt with the deadly and dangerous effects of the growing grizzly bear population in their backyards but will finally be able to join with the court in ensuring all parties know the true effects of the grizzly bear. Mr. Price and Ms. Thoman, and their fellow ranchers lose countless numbers of livestock due to grizzly bear kills every year. Mr. Price and other ranchers in the Upper Green River Valley lost 71 cattle to confirmed grizzly bear kills in 2017 alone. Ms. Thoman and her family have not only lost countless sheep to grizzly bear kills, but also one of the family’s shepherds was mauled by a female grizzly bear in 2010. Those trying to make an honest living in rural western Wyoming are forced to expend a vast amount of money to try to protect themselves, their employees, and their livelihoods from the unrestrained predation by the ever-growing grizzly bear population. >> Read More
Article rating: No rating

Find Articles by Date

«March 2018»