Trump to sell new tax law to farmers

Violet Powell
January 13, 2018

Trump also noted his administration canceled 1,500 regulatory actions and cut 22 regulations for every new regulation in 2017, stating the deregulation will help improve biotechnology.

President Donald Trump traveled to Tennessee on Monday to outline in broad strokes his administration's plan to spur economic development in rural America. "For years, many of you have endured burdensome fines, inspections, needless paperwork and relentless intrusion from an army of regulators from the EPA, FDA and countless other federal agencies".

AFBF tax specialist Pat Wolff said at the American Farm Bureau Federation's 99th Annual Convention, at which Trump is speaking: "Tax rates are going down". Bob Corker (R- Tenn.), Trump signed a pair of executive orders aimed at encouraging private companies to expand broadband access to rural communities by expediting the permitting process.

Trump said America's farmers show "the hard work, grit and self-reliance we need to. make America great again".

"We look forward to a fantastic national championship", White House Press Secretary Sarah Huckabee Sanders said last week, noting that both teams are "in the heart of Trump country".

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From deregulation to tax reform, the president made his best case for how his administration is on the side of farmers and making their lives better. The president broke no new ground on trade policy, including the ongoing negotiations on the North American Free Trade Agreement (NAFTA).

The White House also said Trump will release a report calling for greater high-speed internet connectivity in rural America, which lags behind US cities.

President Trump hailed Chairman Roberts for his focus on farmers and ranchers, saying Roberts "loves the farmers", and always asks, "what about the farmers?" in meetings. "American agriculture needs and deserves policies that support and build on this success - by opening markets overseas; by ensuring fair and science-based regulatory treatment for American products of all kinds; and by implementing strong enforcement policies that hold trading partners to their commitments".

"We are reviewing all of our trade agreements to make sure that they are fair and reciprocal - reciprocal so important", he said. He also said the nation's farmers should expect a timely farm bill passage that includes crop insurance support. "Good. Because if I heard no applause I'd say 'Forget it, give it up.' Now I can't do that". Earlier in the day, Perdue said USDA will be "right there providing whatever counsel Congress request or require" and that USDA will be unveiling its own farm bill principles to "use as a roadmap to guide them along the way".

"You're doing well, you're doing a lot better since November 8, I might add", the president greeted an enthusiastic audience at the Gaylord Opryland Resort and Convention Center.

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