Rural America Faces Family Farm Crisis If Trump Tax Cuts Expire
November 27, 2024
November 27, 2024
WASHINGTON, Nov. 27 -- Rep. Jason Smith, R-Missouri, chairman of the House Ways and Means Committee, issued the following news release:
Family-owned farms are a critical part of America's food supply and form the fabric of rural communities. The 2017 Trump tax cuts gave family farms, ranches, and small business owners relief by doubling the Death Tax exemption and indexing it for inflation each year. If this provision is allowed to expire at the end of 2025, more grieving families w . . .
Family-owned farms are a critical part of America's food supply and form the fabric of rural communities. The 2017 Trump tax cuts gave family farms, ranches, and small business owners relief by doubling the Death Tax exemption and indexing it for inflation each year. If this provision is allowed to expire at the end of 2025, more grieving families w . . .