The newly announced tax plan rolled out Thursday by the House Ways & Means Committee was welcomed by some in the agriculture industry, while others had some concerns.
The bill is touted as a simplification of the tax code so an individual or family can file taxes on a farm as simple as a postcard. It also lowers individual tax rates for low- and middle-income Americans to 0%, 12%, 25% and 35%.
Zippy Duvall, president of the American Farm Bureau Federation, said the proposa
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