A final tax bill will be up for vote Monday as the U.S. House and Senate came to agreement this week on the final package.
It includes a new 20-percent deduction for pass-through income for farmers and small business owners, slightly less than the Senate’s bill.
The plan sets a top rate individual tax of 37 percent, which is the rate for most farms, and a corporate tax rate of 21 percent.
Continue reading Tax plan up for vote at Brownfield Ag News.
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