Farm Bureau Praises House Tax Bill Passage

WASHINGTON, D.C., November 16, 2017 – The following may be attributed to Zippy Duvall, president, American Farm Bureau Federation: “Today’s passage of the Tax Cuts and Jobs Act (H.R. 1) by the House of Representatives puts us one step closer to a tax code that works for all farmers and ranchers. Lower rates combined with the preservation of small business expensing, like-kind exchanges and the business deduction for state and local taxes are just a few of the things we are pleased to see in this legislation. We look forward to working with the Senate to build on this success in the coming weeks.”