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


NCBA Cheers Death Tax Repeal in Tax Reform Blueprint, Promises to Defend Positive Tax Provisions

Wed, 27 Sep 2017 14:27:16 CDT

NCBA Cheers Death Tax Repeal in Tax Reform Blueprint, Promises to Defend Positive Tax Provisions Craig Uden, President of the National Cattlemen’s Beef Association, today released the following statement in response to the “Unified Framework” for comprehensive tax reform legislation:



“Our Nation’s cattle producers are very pleased that President Trump and Republican leaders in Congress have maintained their long-standing commitment to American agriculture by including a full repeal of the onerous death tax in the Unified Framework for Fixing Our Broken Tax Code. We look forward to working with the Administration and lawmakers on Capitol Hill as pen meets paper on tax legislation, and will continue to demonstrate how the death tax and its associated costs adversely affect family-owned operations and the rural communities they support.



“Also, current provisions in the tax code that help livestock producers maintain economically viable businesses and support the success of future generations of farmers and ranchers must be preserved. Stepped-up basis, cash accounting, like-kind exchanges, cost recovery, and the deductibility of interest payments are just a handful of the provisions that allow agricultural producers to survive despite the many challenges we face, from market volatility and fluctuating input prices, to droughts, wildfires, and floods, to the challenge of generational transfers. We’ll closely monitor these provisions as more details on legislative language become available, and intend to fight tooth and nail for a tax code that supports America’s beef producers.”



Throughout September, NCBA has executed an extensive online media campaign to promote comprehensive tax reform. The group yesterday released the campaign's fourth video, which has collected more than 57,000 views in less than 24 hours. As the end of the campaign draws to a close, the videos featuring beef producers have already been viewed a combined 317,000 times and have reached more than 590,000 people on Facebook.



Source - National Cattlemen's Beef Association




   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Livestock Groups Launch Campaign in Support of Barrasso's Endangered Species Act Amendments  Tue, 17 Jul 2018 16:52:39 CDT
  • Steer and Heifer Calves Sell Fully Steady on Tuesday Compared to Last Week at OKC West Auction  Tue, 17 Jul 2018 16:43:06 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Tuesday, July 17, 2018  Tue, 17 Jul 2018 14:44:31 CDT
  • Tuesday Market Wrap-Up with Justin Lewis  Tue, 17 Jul 2018 14:40:13 CDT
  • Andy James Named Oklahoma Forestry Services' New Assistant Director and Fire Management Chief  Tue, 17 Jul 2018 14:20:22 CDT
  • US Wheat Associates Unveils New Website Enhancing the US Wheat Industry's Digital Presence  Tue, 17 Jul 2018 14:14:39 CDT
  • BioZyme Offers Solutions to Help Producers Alleviate Heat Stress in Their Cattle During Hot Summers  Tue, 17 Jul 2018 14:07:43 CDT
  • Tuesday Afternoon Market Wrap-Up with Carson Horn  Tue, 17 Jul 2018 13:59:07 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Livestock Exchange Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show Stillwater Milling American Farmers & Ranchers KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com

    Find more about Weather in Oklahoma City, OK

       
       
    © 2008-2018 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.