House GOP tax bill advances with key changes for farmers
Story Date: 11/14/2017

 

Source: AGRI-PULSE, 11/9/17


Under pressure from farmers, a House panel advanced a sweeping tax reform bill after Republicans made last-minute changes to avert a significant increase in self-employment taxes for many producers. The bill, which will be on the House floor next week, also was altered to potentially reduce the effective income tax rates paid by farmers and small businesses.

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