Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
    
   
   
   
   
   

Agricultural News


With Passage of Tax Extenders Stopgap, ASA Calls for Longer-Term Solution

Wed, 03 Dec 2014 17:39:21 CST

With Passage of Tax Extenders Stopgap, ASA Calls for Longer-Term Solution

In response to the passage of a short-term extension of several key tax credits by the House of Representatives Wednesday, the American Soybean Association (ASA) expressed both its appreciation for a fix in the near term, and disappointment in the absence of a longer-term solution. ASA President and Iowa farmer Ray Gaesser used the opportunity to call on Congress to redouble its efforts to pass a longer-term tax extenders package.


“ASA first and foremost supports a long-term extension of several of the items included in today’s short-term fix. These initiatives include the dollar-per-gallon biodiesel tax credit, expensing for farm equipment and infrastructure under the Section 179 expensing provision, and bonus depreciation on farm assets. Such an approach provides greater certainty and a more stable climate for the farmers and producers who make use of these programs, and we were very disappointed that agreement was not reached on a broader measure. That said, we support the House’s passage of their short-term extension in the absence of a more permanent solution. While it remains only a stopgap measure, we hope that the Senate will take up and pass it quickly. At that point, we urge both chambers to join together and tackle the work of extending these critical tax incentives for the long term.”

   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Steer and Heifer Calves and Yearlings Steady to Lower Monday at Joplin Regional Stockyards  Tue, 31 Mar 2020 06:06:54 CDT
  • Feeder Steers, Feeder Heifers and Grazing Cattle Lower at Oklahoma National on Monday  Tue, 31 Mar 2020 06:03:53 CDT
  • NPPC Cancels 2020 World Pork Expo  Mon, 30 Mar 2020 16:40:47 CDT
  • Majority of Southern Plains Wheat, Pasture and Range Conditions are Rated Good to Excellent  Mon, 30 Mar 2020 21:39:58 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Monday, March 30, 2020  Mon, 30 Mar 2020 14:59:53 CDT
  • Monday, March 30, 2020 Market Wrap-Up with Justin Lewis  Mon, 30 Mar 2020 14:03:56 CDT
  • OSU's Wheat Field days Canceled through May 10th   Mon, 30 Mar 2020 12:47:57 CDT
  • A Beef Board Update on COVID-19 Response by Contractors to Beef Checkoff  Mon, 30 Mar 2020 11:25:47 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma City Farm Show KIS FUTURES, INC. Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment AFR Insurance Stillwater Milling Oklahoma Cattlemen's Association

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2020 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.