ICYMI: AFP-MI Holds Demonstration Urging Senator Slotkin to Support Extending the Tax Cuts and Jobs Act - Americans for Prosperity

ICYMI: AFP-MI Holds Demonstration Urging Senator Slotkin to Support Extending the Tax Cuts and Jobs Act - Americans for Prosperity

Jackson, MI – Yesterday, Americans for Prosperity–Michigan (AFP-MI) held a demonstration outside Senator Elissa Slotkin’s “”Small Business Leaders Listening Session” in response to her opposition to extending the 2017 Tax Cuts and Jobs Act (TCJA).   Activists gathered outside of this event to remind Senator Slotkin that failing to renew the TCJA would cause tax hikes for Michigan families and drive job losses for small businesses across the Grea…

‘Death Taxes’ Threaten Farm Families

Many provisions in the 2017 Tax Cuts and Jobs Act are set to expire this year. The American Farm Bureau says that adds a big task to the Congressional to-do list: updating the tax code. Many of those expiring provisions provide important relief for farm families. AFBF Associate Economist Samantha Ayoub says while reductions in the corporate income tax rates were made permanent in 2017, income tax cuts for individuals began to phase out in 2022, …

Nebraska Farm Bureau and Congressional Delegation Warn of Looming Tax Hike if 2017 Tax Reforms Expire

LINCOLN, Neb. – Nebraska Farm Bureau (NEFB) and Nebraska’s congressional delegation are sounding the alarm on a looming tax increase that could strike a major financial blow to families, businesses, and farmers and ranchers across the state. As key provisions of the 2017 Tax Cuts and Jobs Act (TCJA) set to expire at the end of 2025, NEFB is warning that inaction by Congress could devastate families and rural communities. “The uncertainty surroun…

Domestic rate proposals will put more pressure on NI farm families

The Ulster Farmers’ Union has warned that proposed changes to the domestic rating system in Northern Ireland will place further financial pressure on farm families at a time of mounting challenges for the sector.

Nebraska Senators, Farm Bureau push for tax cuts to be made permanent - Brownfield Ag News

The U.S. Senators from Nebraska want to see provisions in the 2017 Tax Cuts and Jobs Act made permanent. Mark McHargue is the president of the Nebraska Farm Bureau and tells Brownfield changes to current tax policy could jeopardize the future of family farms and ranches. “If we don’t have stepped-up basis and keep our […] The post Nebraska Senators, Farm Bureau push for tax cuts to be made permanent appeared first on Brownfield Ag News.