Tax reform is on the agenda in Washington D.C. when legislators return from a month-long recess. Before Congress resumes, President Donald Trump rolled out a four-point plan in Missouri earlier this week.
In the plan, the president said Americans are demanding a historic tax reform plan. He said the current tax code is “out of control” and needs to be cleaned up.
Mike Deering, executive director of the Missouri Cattlemen’s Beef Association was in attendance of Trump’s speech. He told AgDay his message to President Trump is to reduce the tax burden without creating new problems for farmers and ranchers.
Deering expects the outlook for passing a comprehensive tax reform is grim.
“[Taxes and healthcare] are two things top of mind for our members, and I am cautiously optimistic, I’m skeptical, a massive comprehensive tax reform package can get through Congress,” he said.
Deering says of all the president’s speeches, this week’s speech seemed to have the loudest message to rural America, not just farmers and ranchers, but businesses that are the backbone of rural communities.