The Tax Overhaul And Your Farm
12/25/2017 07:02 AM
Just in time for Christmas and before the start of the New Year, President Donald Trump signed the Republican tax-overhaul bill—a $1.5-trillion tax package.
“I consider this very much a bill for the middle class and a bill for jobs,” he told reporters in the Oval Office before signing the legislation.
The legislation hasn’t scored well in national polls, though, in part because of its benefits for corporations and top earners. But Mr. Trump and other Republicans say average Americans will embrace it and benefit.
I sure hope they’re right about that.
We conducted our own survey in mid-December to get a sense of what farmers think of what was then the proposed tax package and got a mixed bag of results.