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Agriculture in 2025: Adapting to New Realities
Manage episode 462204549 series 2908402
As we kick off 2025, farmers across the country are facing a mix of big challenges and new opportunities. From changes in tax rules to the future of trade, there’s a lot up in the air right now. Through it all, it’s the strength of our farmers—and the policies shaping their work—that will make all the difference. Chuck Conner, president and CEO of the National Council of Farmer Cooperatives, breaks down what’s happening and why it’s not just about farmers—it’s about everyone who relies on them every day.
"By 2025, $4 trillion in tax deductions will expire unless Congress intervenes," Connor stated. These include provisions crucial to farmers, such as estate tax relief, Section 199A deductions, and accelerated depreciation. "If Congress doesn't act, farmers will face higher taxes at a very tough time," he added.
See omnystudio.com/listener for privacy information.
3847集单集
Manage episode 462204549 series 2908402
As we kick off 2025, farmers across the country are facing a mix of big challenges and new opportunities. From changes in tax rules to the future of trade, there’s a lot up in the air right now. Through it all, it’s the strength of our farmers—and the policies shaping their work—that will make all the difference. Chuck Conner, president and CEO of the National Council of Farmer Cooperatives, breaks down what’s happening and why it’s not just about farmers—it’s about everyone who relies on them every day.
"By 2025, $4 trillion in tax deductions will expire unless Congress intervenes," Connor stated. These include provisions crucial to farmers, such as estate tax relief, Section 199A deductions, and accelerated depreciation. "If Congress doesn't act, farmers will face higher taxes at a very tough time," he added.
See omnystudio.com/listener for privacy information.
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