On Friday, President Trump signing a $1.5 trillion tax overhaul touted for its lower corporate and individual tax rates. The President says it a "bill for the middle class and a bill for jobs." The final hurrah follows months of negotiations and speculation about what would ultimately make it into the bill. Farm groups and industry officials lobbied hard to make sure agriculture wasn't forgotten in the final version of the legislation.
During AgriTalk, AgDay TV host Clinton Griffiths spoke with American Farm Bureau Federation's Senior Director of Congressional Relations and tax expert Pat Wolff and Brian Kuehl, the Director of Legislative Affairs for K·Coe Isom about what the bill ultimately means at the farm gate.
Market Rally radio host Chip Flory also spoke to agricultural tax expert Paul Neiffer with CliftonLarsonAllen about what farm families need to consider in the new year.