Perdue Offers Support to Trump Tax Plan

first_imgHome Indiana Agriculture News Perdue Offers Support to Trump Tax Plan By NAFB News Service – Aug 31, 2017 Facebook Twitter Previous articleUSDA Forecasts Increase in Farm IncomeNext articleIndiana’s Mauer again a Pig Farmer of the Year Finalist NAFB News Service SHARE In a statement Wednesday afternoon, Agriculture Secretary Sonny Perdue offered support to President Trump’s tax reform agenda. Trump announced his plans for tax reform during a stop in Springfield, MO. Perdue said, “The president’s tax reform package will be of great benefit to agriculture and help improve rural prosperity.” Trump did not offer many details on reforms, but offered broad outlines that he said would offer economic benefits to main street America. Trump says the plan includes cutting taxes for individuals and businesses. Perdue mentioned that farms are small businesses and that “time and costs associated with merely complying with the tax code are impeding American prosperity.”Secretary also mentioned the Estate Tax, or death tax, saying, “Too many family farms have had to be broken up or sold off to pay the tax bill.”Source: NAFB News Service Facebook Twitter SHARE Perdue Offers Support to Trump Tax Planlast_img read more