Pennsylvania Farm Bureau Encouraged by Framework of Tax Reform Plan; Cautions that Details Still Need to be Worked Out
Mark O’Neill, Media and Strategic Communications Director
510 S. 31st Street , Camp Hill, PA 17001 • 717.761.2740 • Email • @pfbmediaone
For Immediate Release: October 12, 2017
(Camp Hill) – Pennsylvania Farm Bureau (PFB) is encouraged by a proposal supported by President Trump and members of Congress that calls for sweeping reforms to federal tax laws, but the state’s largest farm organization cautions that more work needs to be done to address the needs of farm families.
“Farmers across Pennsylvania strongly back efforts to re-write tax code provisions, but we want to make sure that those changes provide real relief to food producers across the country, and that the final reform plan does not include any unintended consequences that could reduce its intended benefits,” said PFB President Rick Ebert.
Farm Bureau notes it is pleased that the “Unified Framework for Fixing Our Broken Tax Code” includes principles such as lower tax rates for individuals who own businesses, the elimination of the federal estate tax (commonly referred to as the death tax) and certain deductions for business interest.
“Farmers are seeking a tax code that recognizes the unique nature of farming and the challenges faced by food producers, regardless of whether they file taxes as sole-proprietors, through partnerships or C Corporations,” added Ebert.
Farm Bureau adds that it is interested in continuing to be a resource for members of Congress and the Trump Administration.
“Tax reform is a complicated process and we want the administration and Pennsylvania’s Congressional Delegation to know that they can turn to us and our partners at the American Farm Bureau Federation for expertise on how to lower effective tax rates for farm families and businesses,” concluded Ebert.
Pennsylvania Farm Bureau is the state’s largest farm organization with a volunteer membership of more than 62,000 farm and rural families, representing farms of every size and commodity across Pennsylvania.