The letter addresses four key tax provisions that make it possible for farmers and ranchers to survive and pass their businesses on to the next generation: estate taxes, stepped-up basis, 199A small business deduction and like-kind exchanges.
Rural broadband, local meat processing capacity, H2Ohio, the Ohio Department of Agriculture and Ohio State among budget winners.
Sen. Sherrod Brown hosted a virtual roundtable with Ambassador Katherine Tai, 19th United States Trade Representative, and Ohio farmers, workers and manufacturers to discuss the impact of trade policy on Ohio communities.
Addressed to Secretary of Agriculture Tom Vilsack, the letter stressed that the reduced line speeds forced by the court order would have adverse impacts on hog producers as it would significantly decrease slaughter capacity.
The letter also addressed Ohio farmers’ commitment to water quality.
Members are encouraged to write to their members of Congress, urging their support for the continued use of stepped-up basis.
The Farm Bureau-backed Death Tax Repeal Act of 2021 (H.R. 1712, S. 617) was introduced in the House and Senate in March.
Ohio Farm Bureau is calling on policymakers to work with us to implement an agenda to help revitalize Ohio agriculture and its rural communities.
Members nationwide are serving on American Farm Bureau issue advisory committees to help the organization understand what they are experiencing at the local level.
During Ag Week, the Ohio Agriculture and Rural Communities Action Plan will be unveiled, laying out the major policy concerns Ohio Farm Bureau members have.